X0306 4 2020-04-20 0 0001327567 Palo Alto Networks Inc PANW 0001682260 Klarich Lee C/O PALO ALTO NETWORKS INC. 3000 TANNERY WAY SANTA CLARA CA 95054 0 1 0 0 EVP, Chief Product Officer Common Stock 2020-03-30 4 G 0 5000 0.00 D 306063 D Common Stock 2020-04-06 4 G 0 5000 0.00 D 301063 D Common Stock 2020-04-20 4 F 0 4098 194.29 D 296965 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 restricted stock awards, performance-based restricted stock awards, restricted stock units, and performance-based restricted stock units. /s/ Jeff True, Attorney-in-Fact for Lee Klarich 2020-04-22