Nir Zuk - Oct 20, 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
EVP, Chief Technology Officer, Director
Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Stock symbol
PANW
Transactions as of
Oct 20, 2022
Transactions value $
-$1,106,840
Form type
4
Date filed
10/24/2022, 05:05 PM
Previous filing
Oct 3, 2022
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Tax liability -$1.11M -6.91K -0.36% $160.11 1.94M Oct 20, 2022 Direct F1
holding PANW Common Stock 275K Oct 20, 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units and performance-based restricted stock units.
F2 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.