Zscaler, Inc. — Director's Dealing 2020

Jun 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-06-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-09	Common Stock	M	10000	$5.925	Acquired	202470	Direct
2020-06-09	Common Stock	S	2828	$103.1606	Disposed	199642	Direct
2020-06-09	Common Stock	S	4072	$103.8577	Disposed	195570	Direct
2020-06-09	Common Stock	S	2600	$104.9488	Disposed	192970	Direct
2020-06-09	Common Stock	S	500	$105.562	Disposed	192470	Direct
2020-06-09	Common Stock	S	1644	$103.1584	Disposed	500252	Indirect
2020-06-09	Common Stock	S	1900	$103.8557	Disposed	498352	Indirect
2020-06-09	Common Stock	S	10275	$105.1468	Disposed	488077	Indirect
2020-06-09	Common Stock	S	1400	$105.72	Disposed	486677	Indirect
2020-06-10	Common Stock	S	12308	$105.4686	Disposed	474369	Indirect
2020-06-10	Common Stock	S	3000	$106.1373	Disposed	471369	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-09	Employee Stock Option (right to buy)	$5.925	M	10000	Disposed	2027-04-10	Common Stock (10000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	264749	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 $102.37 to $103.35, 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) and footnotes (8) through (12) 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 $103.37 to $104.35, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.38 to $105.37, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.44 to $105.84, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $102.44 to $103.42, inclusive.

F7: The shares are held of record by the Sinha Family Revocable Trust dated September 24, 2011 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 $103.47 to $104.35, inclusive.

F9: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.53 to $105.49, inclusive.

F10: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.54 to $105.92, inclusive.

F11: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.00 to $105.99, inclusive.

F12: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.35, inclusive.

F13: The shares are held of record by the ADRR Trust for which Neha Kumar serves as trustee.

F14: One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.