Zscaler, Inc. — Director's Dealing 2018

Dec 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2018-12-17

Reporting Person: Apte Manoj (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-17	Common Stock	S	33401	$38.4002	Disposed	240106	Indirect
2018-12-17	Common Stock	S	26053	$39.5809	Disposed	214053	Indirect
2018-12-17	Common Stock	S	5288	$40.4265	Disposed	208765	Indirect
2018-12-17	Common Stock	S	802	$41.828	Disposed	207963	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	114062	Direct
Common Stock	132	Indirect
Common Stock	28132	Indirect
Common Stock	156400	Indirect
Commom Stock	160000	Indirect

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on September 28, 2018.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.98, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4), (5) and (6) to this Form 4.

F3: The shares are held directly by the Akshay Kosh Family Trust dated December 18, 2006 for which the reporting person and his spouse serve as trustees.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.01 to $40.00, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.02 to $40.98, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.70 to $42.02, inclusive.

F7: Includes 1,562 shares acquired under the Issuer's Fiscal Year 2018 Employee Stock Purchase Plan on December 17, 2018.

F8: The shares are held directly by the reporting person's father-in-law.

F9: The shares are held directly by the reporting person's mother-in-law.

F10: The shares are held directly by the Manoj Apte 2017 GRAT for which the reporting person serves as trustee.

F11: The shares are held directly by the Lalita Godbole 2017 GRAT for which the reporting person's spouse serves as trustee.