| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PANW | Common Stock | Options Exercise | $2.9M | +45K | +25.39% | $64.50 | 222K | Aug 7, 2023 | Direct | |
| transaction | PANW | Common Stock | Sale | -$1.52M | -7.1K | -3.2% | $213.92 | 215K | Aug 7, 2023 | Direct | F1, F2 |
| transaction | PANW | Common Stock | Sale | -$4.21M | -19.6K | -9.1% | $215.01 | 196K | Aug 7, 2023 | Direct | F1, F3 |
| transaction | PANW | Common Stock | Sale | -$3.58M | -16.6K | -8.5% | $215.72 | 179K | Aug 7, 2023 | Direct | F1, F4 |
| transaction | PANW | Common Stock | Sale | -$325K | -1.5K | -0.84% | $216.61 | 177K | Aug 7, 2023 | Direct | F1, F5 |
| transaction | PANW | Common Stock | Sale | -$43.7K | -200 | -0.11% | $218.45 | 177K | Aug 7, 2023 | Direct | F1, F6 |
| holding | PANW | Common Stock | 420K | Aug 7, 2023 | See footnote | F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PANW | Stock Option (right to buy) | Options Exercise | $0 | -45K | -2.58% | $0.00 | 1.7M | Aug 7, 2023 | Common Stock | 45K | $64.50 | Direct | F8 |
| 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 December 20, 2022. |
| F2 | This sale price represents the weighted average sale price of the shares sold ranging from $213.38 to $214.37 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 $214.38 to $215.37 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 $215.38 to $216.37 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 $216.405 to $217.01 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 $218.34 to $218.67 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 | Shares are held by the Lee and Susan Klarich 2005 Trust dtd 12/05/2005 (the "Trust"), for which the Reporting Person and his spouse serve as trustees. |
| F8 | The shares subject to the option are fully vested and exercisable. |