Michael J. Rich - Mar 5, 2024 Form 3 Insider Report for Zscaler, Inc. (ZS)

Role: CRO and President of WW Sales
Signature: /s/ Torrie Nute, by power of attorney
Stock symbol: ZS
Transactions as of: Mar 5, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/12/2024, 08:31 PM
Next filing: Mar 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ZS	Commom Stock						117K	Mar 5, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ZS	Employee Stock Option (right to buy)							Mar 5, 2024	Commom Stock	50K	$198.03	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 116,900 shares represent i) 4,666 shares held directly by the reporting person ii) 94,085 RSUs vesting equally over the next (15) quarters beginning March 15, 2024, iii) 9,306 RSUs vesting equally over the next (3) quarters beginning March 15, 2024 and iv) 4,135 RSUs vesting equally over (4) quarters beginning December 15, 2024.
F2	An option to purchase 50,000 shares was granted on December 1, 2023. Twenty-five percent of the shares subject to the option vest on November 1, 2023 and 1/48 of the shares vest monthly thereafter.