Amit Sinha - Oct 19, 2023 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
Director
Signature
/s/ Torrie Nute, by power of attorney
Stock symbol
ZS
Transactions as of
Oct 19, 2023
Transactions value $
-$644,793
Form type
4
Date filed
10/23/2023, 08:08 PM
Previous filing
Oct 11, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Sale -$322K -1.84K -4.35% $175.20 40.5K Oct 19, 2023 See footnote F1, F2
transaction ZS Common Stock Sale -$322K -1.84K -4.35% $175.23 40.5K Oct 19, 2023 See Footnote F1, F3
holding ZS Common Stock 89.3K Oct 19, 2023 Direct
holding ZS Common Stock 116K Oct 19, 2023 See footnote F4
holding ZS Common Stock 62.4K Oct 19, 2023 See Footnote F5
holding ZS Common Stock 62.4K Oct 19, 2023 See Footnote F6
holding ZS Common Stock 70K Oct 19, 2023 See Footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 June 21, 2023.
F2 The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Family Incentive Trust
F3 The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Education Excellence Trust.
F4 The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.
F5 The shares are held of record in trust for the reporting person's minor daughter for which Neha and Piyush Kumar serve as co-trustees.
F6 The shares are held of record in trust for the reporting person's minor son for which Neha and Piyush Kumar serve as co-trustees.
F7 The shares are held of record by the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees.