| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PANW | Common Stock | Award | $0 | +70,484 | +45% | $0.000000 | 227,697 | 18 Oct 2023 | Direct | F1 |
| transaction | PANW | Common Stock | Tax liability | $10,752,962 | -42,480 | -19% | $253.13 | 185,217 | 20 Oct 2023 | Direct | F2 |
| holding | PANW | Common Stock | 420,000 | 18 Oct 2023 | See footnote | F3 |
| Id | Content |
|---|---|
| F1 | Each share is represented by a performance-based restricted stock unit ("PSU"). The number of shares acquired represents the achievement of performance conditions, as certified by the Issuer's Compensation Committee on October 18, 2023, with respect to PSUs granted to the Reporting Person on August 20, 2021. The PSUs vest on October 20, 2023, subject to the Reporting Person continuing to be a Service Provider through that vesting date. |
| F2 | 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 PSUs and PSUs reported in the transaction line above. |
| F3 | 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. |