PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

PIPER SANDLER & CO.'s Holding History (CIK: 0000724683)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 3,000 Value ($000) $368 Avg Close $18.43 Range $14.64 - $21.37
Q4 2013
Shares 8,500 Value ($000) $488 Avg Close $7.92 Range $6.73 - $9.65