| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PANW | Common Stock | Sale | -$3.86M | -17.1K | -1.57% | $225.08 | 1.08M | Jun 6, 2023 | Direct | F1 |
| transaction | PANW | Common Stock | Sale | -$573K | -2.54K | -0.24% | $226.11 | 1.07M | Jun 6, 2023 | Direct | F2 |
| transaction | PANW | Common Stock | Options Exercise | $31.4M | +474K | +44.19% | $66.17 | 1.55M | Jun 7, 2023 | Direct | |
| transaction | PANW | Common Stock | Sale | -$23.7M | -110K | -7.08% | $216.60 | 1.44M | Jun 7, 2023 | Direct | F3 |
| transaction | PANW | Common Stock | Sale | -$5.8M | -26.6K | -1.85% | $217.86 | 1.41M | Jun 7, 2023 | Direct | F4 |
| transaction | PANW | Common Stock | Sale | -$24.2M | -111K | -7.84% | $218.68 | 1.3M | Jun 7, 2023 | Direct | F5 |
| transaction | PANW | Common Stock | Sale | -$26.1M | -119K | -9.12% | $219.74 | 1.18M | Jun 7, 2023 | Direct | F6 |
| transaction | PANW | Common Stock | Sale | -$23M | -104K | -8.83% | $220.77 | 1.08M | Jun 7, 2023 | Direct | F7 |
| transaction | PANW | Common Stock | Sale | -$5.87M | -26.5K | -2.46% | $221.55 | 1.05M | Jun 7, 2023 | Direct | F8 |
| transaction | PANW | Common Stock | Sale | -$7.62M | -33.8K | -3.22% | $225.25 | 1.02M | Jun 7, 2023 | Direct | F9 |
| transaction | PANW | Common Stock | Disposed to Issuer | $0 | -21.3K | -2.09% | $0.00 | 996K | Jun 7, 2023 | Direct | F10 |
| holding | PANW | Common Stock | 16K | Jun 6, 2023 | See footnote | F11 |
| 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 | -474K | -13.65% | $0.00 | 3M | Jun 7, 2023 | Common Stock | 474K | $66.17 | Direct | F12 |
| transaction | PANW | Phantom Stock | Award | +21.3K | +12.51% | 191K | Jun 7, 2023 | Common Stock | 21.3K | Direct | F10, F13 |
| Id | Content |
|---|---|
| F1 | This sale price represents the weighted average sale price of the shares sold ranging from $225.00 to $225.10 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. |
| F2 | This sale price represents the weighted average sale price of the shares sold ranging from $226.00 to $226.30 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 $216.25 to $217.245 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 $217.26 to $218.25 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 $218.26 to $219.25 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 $219.26 to $220.255 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 $220.26 to $221.255 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 $221.26 to $221.97 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 $225.00 to $225.84 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 | In connection with the vesting of previously reported restricted stock units, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan"). |
| F11 | Shares are held by Bacchey Investments L.P., of which Bacchey Management LLC (the "LLC") is the General Partner. The Reporting Person is the manager of the LLC. The sole member of the LLC is the Aurora Trust, for which the Reporting Person serves as a trustee. |
| F12 | The shares subject to the option are fully vested and exercisable. |
| F13 | Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. The common stock shares will be released on or about January 31, 2027. |