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: 2020-06-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Common Stock	S	1800	$100.3283	Disposed	564902	Indirect
2020-06-01	Common Stock	S	2000	$101.652	Disposed	562902	Indirect
2020-06-01	Common Stock	S	5000	$102.5894	Disposed	557902	Indirect
2020-06-01	Common Stock	S	4700	$103.5713	Disposed	553202	Indirect
2020-06-01	Common Stock	S	1200	$104.4858	Disposed	552002	Indirect
2020-06-01	Common Stock	S	2200	$105.8405	Disposed	549802	Indirect
2020-06-01	Common Stock	S	2300	$107.0496	Disposed	547502	Indirect
2020-06-01	Common Stock	S	2000	$107.882	Disposed	545502	Indirect
2020-06-01	Common Stock	S	1600	$109.0081	Disposed	543902	Indirect
2020-06-01	Common Stock	S	13431	$110.053	Disposed	530471	Indirect
2020-06-01	Common Stock	S	18987	$110.98	Disposed	511484	Indirect
2020-06-01	Common Stock	S	8289	$111.8503	Disposed	503195	Indirect
2020-06-01	Common Stock	S	999	$112.557	Disposed	502196	Indirect
2020-06-02	Common Stock	A	67698	—	Acquired	192470	Direct
2020-06-02	Common Stock	M	4000	$5.925	Acquired	196470	Direct
2020-06-02	Common Stock	S	100	$102.94	Disposed	196370	Direct
2020-06-02	Common Stock	S	300	$104.54	Disposed	196070	Direct
2020-06-02	Common Stock	S	600	$105.7533	Disposed	195470	Direct
2020-06-02	Common Stock	S	2020	$106.5651	Disposed	193450	Direct
2020-06-02	Common Stock	S	480	$107.6731	Disposed	192970	Direct
2020-06-02	Common Stock	S	400	$108.835	Disposed	192570	Direct
2020-06-02	Common Stock	S	100	$110.34	Disposed	192470	Direct
2020-06-02	Common Stock	S	300	$110.2933	Disposed	501896	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Employee Stock Option (right to buy)	$5.925	M	4000	Disposed	2027-04-10	Common Stock (4000.0)	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 $100.01 to $100.97, 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 footnote (2) and footnotes (4) through (15) to this Form 4.

F3: The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $101.04 to $102.02, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $102.08 to $103.03, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.13 to $104.11, inclusive.

F7: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.17 to $104.90, inclusive.

F8: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.41 to $106.39, inclusive.

F9: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $106.41 to $107.32, inclusive.

F10: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $107.41 to $108.38, inclusive.

F11: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $108.43 to $109.40, inclusive.

F12: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $109.43 to $110.39, inclusive.

F13: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $110.46 to $111.43, inclusive.

F14: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $111.46 to $112.45, inclusive.

F15: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $112.46 to $112.72, inclusive.

F16: The reported shares are represented by restricted stock units, or RSUs, which vest in 16 equal quarterly installments beginning on December 15, 2020.

F17: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.18 to $104.92, inclusive.

F18: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.18 to $106.10, inclusive.

F19: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $106.21 to $107.20, inclusive.

F20: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $107.25 to $108.03, inclusive.

F21: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $108.59 to $109.27, inclusive.

F22: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $110.06 to $110.48, inclusive.

F23: The shares are held of record by the ADRR Trust for which Neha Kumar serves as trustee.

F24: One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.