Zscaler, Inc. — Director's Dealing 2020

Jun 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-06-15

Reporting Person: BLASING KAREN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-15	Common Stock	M	12000	$5.82	Acquired	16762	Direct
2020-06-15	Common Stock	S	1600	$101.8125	Disposed	15162	Direct
2020-06-15	Common Stock	S	4299	$103.5813	Disposed	10863	Direct
2020-06-15	Common Stock	S	7684	$104.3978	Disposed	3179	Direct
2020-06-15	Common Stock	S	500	$104.938	Disposed	2679	Direct
2020-06-15	Common Stock	S	1800	$101.8408	Disposed	53824	Indirect
2020-06-15	Common Stock	S	2002	$102.8058	Disposed	51822	Indirect
2020-06-15	Common Stock	S	14417	$103.9117	Disposed	37405	Indirect
2020-06-15	Common Stock	S	11781	$104.6466	Disposed	25624	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-15	Stock Option (right to buy)	$5.82	M	12000	Disposed	2027-03-02	Common Stock (12000.0)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 17, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.61 to $102.140, 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) and (4) 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 $102.85 to $103.83, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.87 to $104.86, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.92 to $104.99 inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $101.32 to $102.30, inclusive.

F7: The shares are held of record by The Blasing Family Revocable Trust U/A dtd 12/22/2005 for which the reporting person serves as trustee.

F8: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $102.32 to $103.31 inclusive.

F9: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.33 to $104.32, inclusive.

F10: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.35 to $105.02, inclusive.

F11: 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.