Karen Blasing - Feb 8, 2024 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
Director
Signature
/s/ Torrie Nute, by power of attorney
Stock symbol
ZS
Transactions as of
Feb 8, 2024
Transactions value $
-$750,000
Form type
4
Date filed
2/9/2024, 04:03 PM
Previous filing
Feb 1, 2024
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Sale -$750K -3K -7.59% $250.00 36.5K Feb 8, 2024 Direct F1
holding ZS Common Stock 15.6K Feb 8, 2024 See footnote. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 5, 2023.
F2 The shares are held of record by The Blasing Family Revocable Trust U/A dtd 12/22/2005 for which the reporting person serves as trustee.