Zscaler, Inc. — Director's Dealing 2019

Jul 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2019-07-01

Reporting Person: BLASING KAREN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Common Stock	M	1000	$5.82	Acquired	3595	Direct
2019-07-01	Common Stock	S	1000	$78.23	Disposed	2595	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Stock Option (right to buy)	$5.82	M	1000	Disposed	2027-03-02	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	55624	Indirect

Footnotes

F1: Excludes 39,999 shares previously held directly by the reporting person which were re-registered and are now held directly by The Blasing Family Revocable Trust U/A dtd 12/22/2005 for which the reporting person serves as trustee (the "Family Trust").

F2: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on December 29, 2018.

F3: Includes 39,999 shares previously held directly by the reporting person which were re-registered and are now held directly by The Family Trust.

F4: The shares are held of record by The Family Trust.

F5: The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments beginning on February 1, 2017.