Zscaler, Inc. — Director's Dealing 2020

Jul 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-07-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-14	Common Stock	M	5333	$5.925	Acquired	197338	Direct
2020-07-14	Common Stock	S	400	$116.6425	Disposed	196938	Direct
2020-07-14	Common Stock	S	600	$117.8633	Disposed	196338	Direct
2020-07-14	Common Stock	S	1293	$119.0518	Disposed	195045	Direct
2020-07-14	Common Stock	S	1900	$120.0463	Disposed	193145	Direct
2020-07-14	Common Stock	S	600	$120.8583	Disposed	192545	Direct
2020-07-14	Common Stock	S	540	$122.1037	Disposed	192005	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-14	Employee Stock Option (right to buy)	$5.925	M	5333	Disposed	2027-04-10	Common Stock (5333.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	316702	Indirect
Commom Stock	132375	Indirect
Commom Stock	132374	Indirect

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 28, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.30 to $117.27, 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 (7) 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 $117.45 to $118.31, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $118.48 to $119.47, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $119.50 to $120.48, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $120.52 to $121.35, inclusive.

F7: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $121.66 to $122.45, inclusive.

F8: The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.

F9: 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.

F10: 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.

F11: One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.