Zscaler, Inc. — Director's Dealing 2021

Jan 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2021-01-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-07	Common Stock	M	7000	$5.925	Acquired	256646	Direct
2021-01-07	Common Stock	S	294	$185.8673	Disposed	256352	Direct
2021-01-07	Common Stock	S	1200	$190.3792	Disposed	255152	Direct
2021-01-07	Common Stock	S	3200	$191.1384	Disposed	251952	Direct
2021-01-07	Common Stock	S	1800	$192.14	Disposed	250152	Direct
2021-01-07	Common Stock	S	506	$193.2395	Disposed	249646	Direct
2020-12-15	Common Stock	J	110000	—	Disposed	171702	Indirect
2020-12-15	Common Stock	G	22000	—	Disposed	149702	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-07	Employee Stock Option (right to buy)	$5.925	M	7000	Disposed	2027-04-10	Common Stock (7000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	55000	Indirect
Common Stock	55000	Indirect
Common Stock	48000	Indirect

Footnotes

F1: The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee. The total reflects 110,000 shares which were re-registered and now held by the South Dakota Trust Co. LLC TTEE Sinha Family Incentive Trust and the South Dakota Trust Co. LLC TTEE Sinha Education Excellence Trust for each of which the reporting person's family members are beneficiaries.

F2: The reporting person transferred 22,000 shares of common stock to the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees.

F3: The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Family Incentive Trust for which the reporting person's family members are beneficiaries.

F4: The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Education Excellence Trust for which the reporting person's family members are beneficiaries.

F5: The shares are held of record by the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees.

F6: One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.