| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZS | Common Stock | Sale | -$774K | -5.01K | -3.69% | $154.45 | 131K | Sep 18, 2023 | Direct | F1 |
| transaction | ZS | Common Stock | Sale | -$171K | -1.11K | -0.85% | $153.90 | 130K | Sep 19, 2023 | Direct | F2 |
| holding | ZS | Commom Stock | 66 | Sep 18, 2023 | See Footnote | F3 |
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).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 28, 2022. |
| F3 | The shares are held directly by the reporting person's spouse. |