Zscaler Inc
For the period ended Jan 31, 2024. Filed Mar 6, 2024.
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Jan 31, 2024 · Filed Mar 6, 2024
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Item 5. Other Information
Securities Trading Plans of Directors and Executive Officers
During three months ended January 31, 2024, the following officer, as defined in Rule 16a-1(f) under the Securities Act of 1934, as amended, adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows:
On January 4, 2024, Remo Canessa, the Company’schief financial officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of (i) up to 50,000 shares of our common stock and (ii) up to 100% of the shares of our common stock issued upon the settlement of 38,733 outstanding RSUs and PSUs, less the number of shares sold to cover tax withholding obligations in connection with the vesting and settlement of such RSUs and PSUs. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until April 4, 2025, or earlier if all transactions under the trading arrangement are completed.
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