Robert Schlossman - Sep 21, 2021 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
Chief Legal Officer
Signature
/s/ Torrie Nute, by power of attorney
Stock symbol
ZS
Transactions as of
Sep 21, 2021
Transactions value $
-$7,505,588
Form type
4
Date filed
9/22/2021, 08:50 PM
Previous filing
Sep 17, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Options Exercise $123K +28K +22.49% $4.40* 153K Sep 21, 2021 Direct
transaction ZS Common Stock Sale -$270K -1K -0.66% $270.09 152K Sep 21, 2021 Direct F1, F2
transaction ZS Common Stock Sale -$1.88M -6.91K -4.56% $271.66 145K Sep 21, 2021 Direct F1, F3
transaction ZS Common Stock Sale -$3.92M -14.4K -9.96% $272.51 130K Sep 21, 2021 Direct F1, F4
transaction ZS Common Stock Sale -$1.25M -4.58K -3.52% $273.55 126K Sep 21, 2021 Direct F1, F5
transaction ZS Common Stock Sale -$304K -1.11K -0.88% $274.36 125K Sep 21, 2021 Direct F1, F6
holding ZS Common Stock 66 Sep 21, 2021 See Footnote F7

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 -28K -87.5% $0.00 4K Sep 21, 2021 Common Stock 28K $4.40 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.