SEC Form 4 · accession 0001209191-19-017527
Zscaler, Inc. · ZS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Schlossman
Officer — Chief Legal Officer
Period of report
Mar 5, 2019
Accepted (ET)
Mar 6, 2019 · 6:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001713683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2019 | M | 10,000 | $4.40 | A | 107,966 | D | |
| Common StockF2 | Mar 5, 2019 | S | 9,998 | $57.4953 | D | 97,968 | D | |
| Common Stock | Mar 5, 2019 | S | 2 | $57.86 | D | 97,966 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $4.40 | Mar 5, 2019 | M | 10,000 | D | — | Jan 15, 2023 | Common Stock | 10,000 | 285,000 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 21, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.82 to $57.80, 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
- F3The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 21, 2018.
- F4The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the shares subject to the option vested on January 14, 2017 and 1/48 of the shares vest monthly thereafter.