KAREN BLASING - 08 Feb 2024 Form 4 Insider Report for Zscaler, Inc. (ZS)

Role
Director
Signature
/s/ Torrie Nute, by power of attorney
Issuer symbol
ZS
Transactions as of
08 Feb 2024
Net transactions value
-$750,000
Form type
4
Filing time
09 Feb 2024, 16:03:56 UTC
Previous filing
01 Feb 2024
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZS Common Stock Sale $750,000 -3,000 -7.6% $250.00 36,539 08 Feb 2024 Direct F1
holding ZS Common Stock 15,625 08 Feb 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.