NIR ZUK - 20 Oct 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Issuer symbol
PANW
Transactions as of
20 Oct 2022
Net transactions value
-$1,106,840
Form type
4
Filing time
24 Oct 2022, 17:05:15 UTC
Previous filing
03 Oct 2022
Next filing
02 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Tax liability $1,106,840 -6,913 -0.36% $160.11 1,936,523 20 Oct 2022 Direct F1
holding PANW Common Stock 274,914 20 Oct 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.