Nir Zuk - Feb 8, 2023 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
EVP, Chief Technology Officer, Director
Signature
/s/ Mary Shimizu, Attorney-in-Fact for Nir Zuk
Stock symbol
PANW
Transactions as of
Feb 8, 2023
Transactions value $
-$12,051,706
Form type
4
Date filed
2/8/2023, 03:06 PM
Previous filing
Jan 4, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale -$7.74M -46.4K -2.46% $166.99 1.84M Feb 8, 2023 Direct F1, F2
transaction PANW Common Stock Sale -$4.31M -25.7K -1.4% $168.09 1.81M Feb 8, 2023 Direct F1, F3
holding PANW Common Stock 275K Feb 8, 2023 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $166.67 to $167.66 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $167.67 to $168.60 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.