FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sinha Amit
2. Issuer Name and Ticker or Trading Symbol

Zscaler, Inc. [ ZS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President of R&D and CTO
(Last)          (First)          (Middle)

C/O ZSCALER, INC., 120 HOLGER WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

7/22/2021
(Street)

SAN JOSE, CA 95134
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 7/22/2021  M  7000 A$5.925 268318 D  
Common Stock 7/22/2021  S(1)  566 D$231.7703 (2)267752 D  
Common Stock 7/22/2021  S(1)  300 D$232.37 (3)267452 D  
Common Stock 7/22/2021  S(1)  1000 D$233.674 (4)266452 D  
Common Stock 7/22/2021  S(1)  3134 D$235.7908 (5)263318 D  
Common Stock 7/22/2021  S(1)  1900 D$236.6126 (6)261418 D  
Common Stock 7/22/2021  S(1)  100 D$237.28 261318 D  
Common Stock         149702 I See footnote (7)
Common Stock         82375 I See Footnote (8)
Common Stock         82374 I See Footnote (9)
Common Stock         48000 I See footnote (10)
Common Stock         48000 I See Footnote (11)
Common Stock         48000 I See Footnote (12)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $5.925 7/22/2021  M     7000   (13)4/10/2027 Common Stock 7000.0 $0 78333 D  

Explanation of Responses:
(1) The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2020.
(2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.03 to $232.02, 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 (2) through (6) to this Form 4.
(3) The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $232.15 to $232.79, inclusive.
(4) The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $233.31 to $234.28, inclusive.
(5) The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $235.19 to $236.18, inclusive.
(6) The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $236.19 to $237.15, inclusive.
(7) The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee.
(8) 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.
(9) 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.
(10) The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Family Incentive Trust
(11) The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Education Excellence Trust.
(12) The shares are held of record by the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees.
(13) One-fourth of the shares subject to the option vest on November 1, 2018 and 1/48 of the shares vest monthly thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Sinha Amit
C/O ZSCALER, INC.
120 HOLGER WAY
SAN JOSE, CA 95134
X
President of R&D and CTO

Signatures
/s/ Torrie Nute, by power of attorney7/26/2021
**Signature of Reporting PersonDate

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