Nir Zuk - Jun 1, 2023 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Stock symbol
PANW
Transactions as of
Jun 1, 2023
Transactions value $
-$7,753,121
Form type
4
Date filed
6/2/2023, 06:10 PM
Previous filing
May 2, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale -$432K -2.05K -0.12% $210.87 1.7M Jun 1, 2023 Direct F1, F2
transaction PANW Common Stock Sale -$326K -1.54K -0.09% $211.63 1.7M Jun 1, 2023 Direct F1, F3
transaction PANW Common Stock Sale -$780K -3.67K -0.22% $212.81 1.7M Jun 1, 2023 Direct F1, F4
transaction PANW Common Stock Sale -$815K -3.8K -0.22% $214.16 1.69M Jun 1, 2023 Direct F1, F5
transaction PANW Common Stock Sale -$1M -4.67K -0.28% $214.84 1.69M Jun 1, 2023 Direct F1, F6
transaction PANW Common Stock Sale -$958K -4.44K -0.26% $216.04 1.68M Jun 1, 2023 Direct F1, F7
transaction PANW Common Stock Sale -$2.79M -12.9K -0.75% $217.03 1.7M Jun 1, 2023 Direct F1, F8
transaction PANW Common Stock Sale -$650K -2.98K -0.18% $217.70 1.67M Jun 1, 2023 Direct F1, F9
holding PANW Common Stock 275K Jun 1, 2023 See footnote F10
* 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 on March 30, 2022.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $210.215 to $211.155 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 $211.25 to $211.98 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 $212.38 to $213.335 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 This sale price represents the weighted average sale price of the shares sold ranging from $213.41 to $214.39 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.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $214.46 to $215.40 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.
F7 This sale price represents the weighted average sale price of the shares sold ranging from $215.51 to $216.44 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.
F8 This sale price represents the weighted average sale price of the shares sold ranging from $216.51 to $217.49 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.
F9 This sale price represents the weighted average sale price of the shares sold ranging from $217.535 to $218.16 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.
F10 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.