Zscaler, Inc. — Director's Dealing 2018

Mar 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2018-03-20

Reporting Person: Chaudhry Jagtar Singh (Director, President, CEO & Chairman, 10% Owner)
Reporting Person: CHAUDHRY P JYOTI (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-20	Common Stock	C	2127760	—	Acquired	2177994	Direct
2018-03-20	Common Stock	C	23040199	—	Acquired	24617379	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-20	Series A Convertible Preferred Stock	$	C	875453	Disposed		Common Stock (875453)	Direct
2018-03-20	Series A Convertible Preferred Stock	$	C	9479740	Disposed		Common Stock (9479740)	Indirect
2018-03-20	Series B Convertible Preferred Stock	$	C	1169704	Disposed		Common Stock (1169704)	Direct
2018-03-20	Series B Convertible Preferred Stock	$	C	12665999	Disposed		Common Stock (12665999)	Indirect
2018-03-20	Series C Convertible Preferred Stock	$	C	82603	Disposed		Common Stock (82603)	Direct
2018-03-20	Series C Convertible Preferred Stock	$	C	894460	Disposed		Common Stock (894460)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33333	Indirect
Common Stock	13332	Indirect
Common Stock	6666	Indirect

Footnotes

F1: The Series A Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.

F2: The shares are held of record by P. Jyoti Chaudhry.

F3: The Series B Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.

F4: The Series C Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.

F5: The shares are held of record by The Chaudhry Family Trust dated August 1, 2014 for which Surjit Kaur serves as trustee.

F6: The shares are held of record by The Chaudhry Family Trust f/b/o Manpreet Bains for which Ms. Kaur serves as trustee.

F7: The shares are held of record by The P. Jyoti Chaudhry Family Trust dated March 1, 2000 for which Ms. Kaur serves as trustee.