Zscaler, Inc. — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-05-29

Reporting Person: Schlossman Robert (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-29	Common Stock	M	35000	$4.40	Acquired	124060	Direct
2020-05-29	Common Stock	S	100	$86.01	Disposed	123960	Direct
2020-05-29	Common Stock	S	200	$87.16	Disposed	123760	Direct
2020-05-29	Common Stock	S	200	$89.025	Disposed	123560	Direct
2020-05-29	Common Stock	S	20300	$90.0989	Disposed	103260	Direct
2020-05-29	Common Stock	S	800	$91.7963	Disposed	102460	Direct
2020-05-29	Common Stock	S	1405	$92.6239	Disposed	101055	Direct
2020-05-29	Common Stock	S	1801	$94.0293	Disposed	99254	Direct
2020-05-29	Common Stock	S	4406	$95.3282	Disposed	94848	Direct
2020-05-29	Common Stock	S	3300	$96.0362	Disposed	91548	Direct
2020-05-29	Common Stock	S	1500	$97.2947	Disposed	90048	Direct
2020-05-29	Common Stock	S	988	$98.0752	Disposed	89060	Direct
2020-06-01	Common Stock	M	3000	$4.40	Acquired	92060	Direct
2020-06-01	Common Stock	S	100	$97.04	Disposed	91960	Direct
2020-06-01	Common Stock	S	100	$98.07	Disposed	91860	Direct
2020-06-01	Common Stock	S	1100	$100.02	Disposed	90760	Direct
2020-06-01	Common Stock	S	300	$102.3567	Disposed	90460	Direct
2020-06-01	Common Stock	S	300	$103.4733	Disposed	90160	Direct
2020-06-01	Common Stock	S	100	$104.93	Disposed	90060	Direct
2020-06-01	Common Stock	S	200	$106.625	Disposed	89860	Direct
2020-06-01	Common Stock	S	200	$107.87	Disposed	89660	Direct
2020-06-01	Common Stock	S	200	$109.66	Disposed	89460	Direct
2020-05-29	Common Stock	S	200	$110.705	Disposed	89260	Direct
2020-06-01	Common Stock	S	200	$111.625	Disposed	89060	Direct
2020-06-02	Common Stock	A	29014	—	Acquired	118074	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-29	Employee Stock Option (right to buy)	$4.4	M	35000	Disposed	2023-01-15	Common Stock (35000.0)	Direct
2020-06-01	Employee Stock Option (right to buy)	$4.4	M	3000	Disposed	2023-01-15	Common Stock (3000.0)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 27, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.12 to $87.20, 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 (19) 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 $88.58 to $89.47, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $90.00 to $90.83, inlcusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $91.31 to $92.27, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $92.31 to $93.10, inclusive.

F7: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $93.52 to $94.49, inclusive.

F8: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $94.73 to $95.72, inclusive.

F9: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $95.74 to $96.63, inclusive.

F10: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $96.79 to $97.60, inclusive.

F11: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $97.88 to $98.27, inclusive.

F12: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.22, inclusive.

F13: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $101.84 to $102.65, inclusive.

F14: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.10 to $103.82, inclusive.

F15: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $106.46 to $106.79, inclusive.

F16: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $107.51 to $108.23, inclusive.

F17: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $109.41 to $109.91, inclusive.

F18: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $110.43 to $110.98, inclusive.

F19: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $111.55 to $111.70, inclusive.

F20: The reported shares are represented by restricted stock units, or RSUs, which vest in 16 equal quarterly installments beginning on December 15, 2020.

F21: The shares subject to the options are fully vested and immediately exercisable.