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: Apte Manoj (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-29	Common Stock	M	16667	$5.93	Acquired	129185	Direct
2020-05-29	Common Stock	S	16667	$90.0034	Disposed	112518	Direct
2020-06-01	Common Stock	M	19030	$2.63	Acquired	131548	Direct
2020-06-01	Common Stock	M	14302	$5.93	Acquired	145850	Direct
2020-06-01	Common Stock	S	600	$97.2983	Disposed	145250	Direct
2020-06-01	Common Stock	S	900	$98.4367	Disposed	144350	Direct
2020-06-01	Common Stock	S	900	$99.90	Disposed	143450	Direct
2020-06-01	Common Stock	S	900	$101.4722	Disposed	142550	Direct
2020-06-01	Common Stock	S	2500	$102.5156	Disposed	140050	Direct
2020-06-01	Common Stock	S	2910	$103.5006	Disposed	137140	Direct
2020-06-01	Common Stock	S	614	$104.4177	Disposed	136526	Direct
2020-06-01	Common Stock	S	1297	$106.0246	Disposed	135229	Direct
2020-06-01	Common Stock	S	1700	$107.2406	Disposed	133529	Direct
2020-06-01	Common Stock	S	798	$108.2453	Disposed	132731	Direct
2020-06-01	Common Stock	S	800	$109.405	Disposed	131931	Direct
2020-06-01	Common Stock	S	18193	$110.1058	Disposed	113738	Direct
2020-06-01	Common Stock	S	920	$111.3687	Disposed	112818	Direct
2020-06-01	Common Stock	S	300	$112.2533	Disposed	112518	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-29	Employee Stock Option (right to buy)	$5.93	M	16667	Disposed	2027-04-10	Common Stock (16667.0)	Direct
2020-06-01	Employee Stock Option (right to buy)	$5.93	M	14302	Disposed	2027-04-10	Common Stock (14302.0)	Direct
2020-06-01	Employee Stock Option (right to buy)	$2.63	M	19030	Disposed	2025-04-03	Common Stock (19030.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70579	Indirect
Commom Stock	246085	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 $90.00 to $90.07, 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 (16) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.80 to $97.71, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $97.99 to $98.78, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $99.52 to $100.32, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $100.82 to $101.71, inclusive.

F7: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $102.01 to $103.00, inclusive.

F8: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.02 to $103.93, inclusive.

F9: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.20 to $104.89, inclusive.

F10: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.44 to $106.43, inlcusive.

F11: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $106.78 to $107.72, inclusive.

F12: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $107.78 to $108.64, inclusive.

F13: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $108.78 to $109.77, inclusive.

F14: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $109.94 to $110.89, inclusive.

F15: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $110.99 to $111.96, inclusive.

F16: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $112.09 to $112.47, inclusive.

F17: The shares are held directly by the Akshay Kosh Family Trust dated December 18, 2006 for which the reporting person and his spouse serve as trustees.

F18: The shares are held directly by the Suhas and Prachi Godbole Family Trust dated December 4, 2017 for which the reporting person's in-laws serve as trustees.

F19: One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.

F20: The shares subject to the option are fully vested and immediately exercisable.