Zscaler, Inc. — Director's Dealing 2019

Dec 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2019-12-16

Reporting Person: Sinha Amit (Director, President of R&D and CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-16	Common Stock	S	887	$47	Disposed	297862	Indirect
2019-12-17	Common Stock	S	1113	$47	Disposed	296749	Indirect
2019-12-17	Common Stock	S	1375	$46.1363	Disposed	126748	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	566702	Indirect

Footnotes

F1: The shares are held of record by the ADRR Trust for which Neha Kumar serves as trustee.

F2: Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.13 to $46.64, 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 range set forth in this footnote.

F4: Includes 459 shares acquired under the Issuer's Fiscal Year 2018 Employee Stock Purchase Plan on December 16, 2019.

F5: The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.