| 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 | -1.51M | -100% | $0.00 | 0 | Nov 22, 2024 | Common Stock | 1.51M | $64.50 | Direct | F15, F16 |
| Id | Content |
|---|---|
| F1 | This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to (i) cover the Reporting Person's payment of the exercise price and (ii) satisfy its income tax and withholding and remittance obligations in connection with the Reporting Person's exercise of stock options. |
| F2 | This sale price represents the weighted average sale price of the shares sold ranging from $383.45 to $384.43 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 $384.46 to $385.43 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 $385.46 to $386.44 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 $386.46 to $387.22 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 $387.50 to $388.48 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 $388.54 to $389.51 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 $389.63 to $390.50 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 $390.85 to $391.76 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 | This sale price represents the weighted average sale price of the shares sold ranging from $392.00 to $392.99 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. |
| F11 | This sale price represents the weighted average sale price of the shares sold ranging from $393.19 to $393.46 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. |
| F12 | This sale price represents the weighted average sale price of the shares sold ranging from $394.47 to $395.45 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. |
| F13 | This sale price represents the weighted average sale price of the shares sold ranging from $395.68 to $395.91 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. |
| F14 | Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children. |
| F15 | This number reflects the Issuer's 3-for-1 stock split effected September 13, 2022. |
| F16 | The shares subject to the option are fully vested and exercisable. |