Zscaler, Inc. — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-12-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-14	Commom Stock	S	5000	$186.0499	Disposed	97374	Indirect
2020-12-14	Commom Stock	S	5000	$187	Disposed	92374	Indirect
2020-12-14	Commom Stock	S	5000	$186.0308	Disposed	97375	Indirect
2020-12-14	Commom Stock	S	5000	$187	Disposed	92375	Indirect
2020-12-16	Commom Stock	S	2000	$185	Disposed	33000	Indirect
2020-12-16	Common Stock	S	8113	$183.3671	Disposed	249646	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	281702	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.00 to $186.30, 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 (1) and (3) to this Form 4.

F2: The shares are held of record in trust for the reporting person's minor daughter for which Neha and Piyush Kumar serve as co-trustees.

F3: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $186.00 to $186.20, inclusive.

F4: The shares are held of record in trust for the reporting person's minor son for which Neha and Piyush Kumar serve as co-trustees.

F5: The shares are held of record by the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees.

F6: 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.

F7: The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.