Jagtar Singh Chaudhry - Sep 14, 2022 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
CEO & Chairman, Director, 10%+ Owner
Signature
/s/ Torrie Nute, by power of attorney for Jagtar S. Chaudhry
Stock symbol
ZS
Transactions as of
Sep 14, 2022
Transactions value $
-$13,755,252
Form type
4
Date filed
9/16/2022, 07:24 PM
Previous filing
Mar 17, 2022
Next filing
Oct 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Award $0 +159K +78.16% $0.00 363K Sep 14, 2022 Direct F1
transaction ZS Common Stock Sale -$13.8M -81.9K -22.56% $167.97 281K Sep 16, 2022 Direct F2
holding ZS Common Stock 24.5M Sep 14, 2022 See Footnote F3
holding ZS Common Stock 6.67K Sep 14, 2022 See footnote F4
holding ZS Common Stock 2.18M Sep 14, 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted upon achievement of certain FY22 performance metrics pursuant to performance-based restricted stock units granted September 1, 2021 under Zscaler's Fiscal Year 2018 Incentive Plan. The restricted stock units will vest 100% on September 15, 2022.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.
F3 The shares are held of record by Jyoti Chaudhry TTEE The RSP Trust U/A DTD 06/07/2017.
F4 The shares are held of record by The P. Jyoti Chaudhry Family Trust dated March 1, 2000 for which Ms. Kaur serves as trustee.
F5 The shares are held of record by Jagtar S Chaudhry TTEE The RSJ Trust U/A DTD 06/07/2017.