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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1327567	Palo Alto Networks Inc	PANW	Computer Peripheral Equipment, Nec (3577)	202530195

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1554354	Rajiv Batra	C/O Palo Alto Networks Inc. 3300 Olcott Street Santa Clara CA 95954	Vp, Engineering	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-07-25	60,916	$0.00	1,877,216	No	4	C	Indirect	See footnote
Common Stock	Disposition	2012-07-25	202,000	$39.06	1,675,216	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A-2 Preferred Stock	Disposition	2012-07-25	40,000	$0.00	40,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2012-07-25	10,714	$0.00	10,714	$0.00
Common Stock	Series C Preferred Stock	Disposition	2012-07-25	10,202	$0.00	10,202	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	75,000	Direct
Common Stock	250,000	Indirect	See footnote

Footnotes

Each share of Series A-2 Preferred Stock, Series B Preferred Stock and Series C Preferred Stock automatically converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering of Common Stock and had no expiration date.
Shares held directly by the Batra Family Trust U/A/D 5th of January 2006 for which the Reporting Person serves as a trustee.
Shares held directly by the Trust Agreement for Aditya Joshua Batra dated February 22, 2005 for which the Reporting Person serves as a trustee.
On July 19, 2012, the reporting person filed a Form 3 over reporting an incorrect number of shares beneficially owned, this Form 4 reflects the correct number of shares beneficially held by the reporting person.