| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZS | Common Stock | Sale | -$338K | -1.84K | -4.76% | $183.94 | 36.8K | Nov 16, 2023 | See footnote | F1, F2, F3 |
| transaction | ZS | Common Stock | Sale | -$338K | -1.84K | -4.76% | $183.94 | 36.8K | Nov 16, 2023 | See Footnote | F1, F2, F4 |
| holding | ZS | Common Stock | 89.3K | Nov 16, 2023 | Direct | ||||||
| holding | ZS | Common Stock | 116K | Nov 16, 2023 | See footnote | F5 | |||||
| holding | ZS | Common Stock | 62.4K | Nov 16, 2023 | See Footnote | F6 | |||||
| holding | ZS | Common Stock | 62.4K | Nov 16, 2023 | See Footnote | F7 | |||||
| holding | ZS | Common Stock | 70K | Nov 16, 2023 | See Footnote | F8 |
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 | The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2023. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.76 to $184.00, 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 the footnotes to this Form 4. |
| F3 | The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Family Incentive Trust |
| F4 | The shares are held of record by the South Dakota Trust Co. LLC TTEE Sinha Education Excellence Trust. |
| F5 | The shares are held of record by the Sinha Revocable Trust dated September 24, 2011 for which the reporting person serves as trustee. |
| F6 | 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. |
| F7 | 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. |
| F8 | The shares are held of record by the Amit & Deepali Sinha Foundation for which the reporting person and his spouse serve as trustees. |