Karen Blasing - May 24, 2021 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
Director
Signature
/s/ Torrie Nute, by power of attorney
Stock symbol
ZS
Transactions as of
May 24, 2021
Transactions value $
-$253,293
Form type
4
Date filed
5/25/2021, 05:09 PM
Previous filing
May 11, 2021
Next filing
May 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Options Exercise $8.73K +1.5K +85.08% $5.82* 3.26K May 24, 2021 Direct
transaction ZS Common Stock Sale -$13.8K -80 -2.45% $172.51 3.18K May 24, 2021 Direct F1, F2
transaction ZS Common Stock Sale -$108K -620 -19.48% $174.33 2.56K May 24, 2021 Direct F1, F3
transaction ZS Common Stock Sale -$140K -800 -31.21% $175.17 1.76K May 24, 2021 Direct F1, F4
holding ZS Common Stock 25.6K May 24, 2021 See footnote F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZS Employee Stock Option (right to buy) Options Exercise $0 -1.5K -1.06% $0.00 140K May 24, 2021 Common Stock 1.5K $5.82 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on January 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 $172.14 to $172.69, 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 (4) 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 $173.74 to $174.68, inclusive.
F4 The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $174.745 to $175.68, inclusive.
F5 The shares are held of record by The Blasing Family Revocable Trust U/A dtd 12/22/2005 for which the reporting person serves as trustee.
F6 The shares subject to the options are fully vested and immediately exercisable.