| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PANW | Common Stock | Sale | $5,377,249 | -27,406 | -1.5% | $196.21 | 1,747,492 | 03 Apr 2023 | Direct | F1, F2 |
| transaction | PANW | Common Stock | Sale | $507,411 | -2,570 | -0.15% | $197.44 | 1,744,922 | 03 Apr 2023 | Direct | F1, F3 |
| transaction | PANW | Common Stock | Sale | $1,192,421 | -6,024 | -0.35% | $197.94 | 1,738,898 | 03 Apr 2023 | Direct | F1, F4 |
| holding | PANW | Common Stock | 274,914 | 03 Apr 2023 | See footnote | F5 |
| 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 on March 30, 2022. |
| F2 | This sale price represents the weighted average sale price of the shares sold ranging from $195.62 to $196.61 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 $196.65 to $197.64 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 | This sale price represents the weighted average sale price of the shares sold ranging from $197.65 to $198.57 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. |
| F5 | Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children. |