SEC Form 4 · accession 0001209191-19-018133
Zscaler, Inc. · ZS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Remo Canessa
Officer — Chief Financial Officer
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2019 · 4:38 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 7, 2019 | M | 110,000 | $5.82 | A | 416,250 | D | |
| Common StockF1 | Mar 7, 2019 | S | 79,496 | $59.2542 | D | 336,754 | D | |
| Common StockF2 | Mar 7, 2019 | S | 30,504 | $59.8458 | D | 306,250 | 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)F3 | $5.82 | Mar 7, 2019 | M | 110,000 | D | — | Mar 2, 2027 | Common Stock | 110,000 | 640,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.75 to $59.74, 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 (1) and (2) to this Form 4.
- F2The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $59.75 to $59.99, inclusive.
- F3The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the shares subject to the option vested on February 6, 2018 and 1/48 of the shares vest monthly thereafter.