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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1327567	Palo Alto Networks Inc	PANW	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1250333	Nir Zuk	C/O Palo Alto Networks Inc. 3000 Tannery Way Santa Clara CA 95054	Evp, Chief Technology Officer	Yes	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	2023-01-03	45,000	$18.45	1,909,523	No	4	M	Direct
Common Stock	Disposition	2023-01-03	26,625	$138.46	1,882,898	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2023-01-03	45,000	$0.00	45,000	$18.45

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2023-01-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	274,914	Indirect	See footnote

Footnotes

This transaction is a sale of shares by the Reporting Person to cover tax withholding obligations in connection with the Reporting Person's exercise of stock options.
This sale price represents the weighted average sale price of the shares sold ranging from $138.41 to $138.64 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.
Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.
The shares subject to the option were fully vested and exercisable.