X0306 4 2019-11-20 0 0001327567 Palo Alto Networks Inc PANW 0001732435 Compeau Jean C/O PALO ALTO NETWORKS INC. 3000 TANNERY WAY SANTA CLARA CA 95054 0 1 0 0 Chief Accounting Officer Common Stock 2019-11-20 4 F 0 50 247.87 D 26595 D 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 stock restricted stock units. /s/ Jeff True, Attorney-in-Fact for Jean Compeau 2019-11-21