NIR ZUK - 08 Feb 2023 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Mary Shimizu, Attorney-in-Fact for Nir Zuk
Issuer symbol
PANW
Transactions as of
08 Feb 2023
Net transactions value
-$12,051,706
Form type
4
Filing time
08 Feb 2023, 15:06:06 UTC
Previous filing
04 Jan 2023
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale $7,740,172 -46,350 -2.5% $166.99 1,836,548 08 Feb 2023 Direct F1, F2
transaction PANW Common Stock Sale $4,311,534 -25,650 -1.4% $168.09 1,810,898 08 Feb 2023 Direct F1, F3
holding PANW Common Stock 274,914 08 Feb 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.