Lee Klarich - Jul 25, 2023 Form 4/A - Amendment Insider Report for Palo Alto Networks Inc (PANW)

Role: EVP, Chief Product Officer
Signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Lee Klarich
Stock symbol: PANW
Transactions as of: Jul 25, 2023
Transactions value $: -$1,946,397
Form type: 4/A - Amendment
Date filed: 8/2/2023, 08:13 PM
Date Of Original Report: Jul 25, 2023
Previous filing: Jul 6, 2023
Next filing: Aug 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PANW	Common Stock	Tax liability	-$1.95M	-8K	-4.32%	$243.33	177K	Jul 25, 2023	Direct	F1
holding	PANW	Common Stock						420K	Jul 25, 2023	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 performance-based restricted stock units.
F2	Shares are held by the Lee and Susan Klarich 2005 Trust dtd 12/05/2005, for which the Reporting Person and his spouse serve as trustees.

Remarks:

This Form 4 is amended to correct the unintentional overreporting of shares.