Zscaler, Inc. — Director's Dealing 2021

Sep 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2021-09-21

Reporting Person: Schlossman Robert (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-21	Common Stock	M	28000	$4.40	Acquired	152512	Direct
2021-09-21	Common Stock	S	1000	$270.089	Disposed	151512	Direct
2021-09-21	Common Stock	S	6912	$271.6583	Disposed	144600	Direct
2021-09-21	Common Stock	S	14395	$272.5087	Disposed	130205	Direct
2021-09-21	Common Stock	S	4584	$273.5542	Disposed	125621	Direct
2021-09-21	Common Stock	S	1109	$274.3568	Disposed	124512	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-21	Employee Stock Option (right to buy)	$4.4	M	28000	Disposed	2023-01-15	Common Stock (28000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	66	Indirect

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 2, 2021.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.84 to $270.66, 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 the footnotes 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 $271.07 to $271.93, inclusive.

F4: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $272.07 to $272.96, inclusive.

F5: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $273.07 to $274.00, inclusive.

F6: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $274.07 to $274.70, inclusive.

F7: The shares are held directly by the reporting person's spouse.

F8: The shares subject to the options are fully vested and immediately exercisable.