Zscaler, Inc. — Director's Dealing 2020

Sep 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-09-14

Reporting Person: CANESSA REMO (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-14	Common Stock	M	95835	$5.82	Acquired	494387	Direct
2020-09-14	Common Stock	S	7580	$126.6542	Disposed	486807	Direct
2020-09-14	Common Stock	S	23925	$127.6675	Disposed	462882	Direct
2020-09-14	Common Stock	S	48634	$128.5815	Disposed	414248	Direct
2020-09-14	Common Stock	S	10345	$129.2974	Disposed	403903	Direct
2020-09-14	Common Stock	S	5351	$130.6559	Disposed	398552	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-14	Employee Stock Option (right to buy)	$5.82	M	95835	Disposed	2027-03-02	Common Stock (95835.0)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 10, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.02 to $126.98, 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) through (6) to this Form 4.

F3: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $127.04 to $128.024, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $128.057 to $129.055, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $129.06 to $129.85, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $130.135 to $130.75, inclusive.

F7: The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the shares subject to the option vested on February 6, 2018 and 1/48 of the shares vest monthly thereafter.