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Zscaler | 3: Initial statement of beneficial ownership of securities-Officer Rich Michael J.

SEC announcement ·  Mar 12 20:34
Summary by Moomoo AI
Michael J. Rich, the Chief Revenue Officer and President of Worldwide Sales at Zscaler, Inc., has filed an initial statement of beneficial ownership with the SEC, as per Form 3 dated March 5, 2024. The filing reveals that Rich beneficially owns 116,900 shares of Zscaler's common stock. This ownership includes 4,666 shares held directly, 94,085 restricted stock units (RSUs) that will vest over the next 15 quarters starting March 15, 2024, 9,306 RSUs vesting over the next three quarters from the same date, and 4,135 RSUs vesting over four quarters beginning December 15, 2024. Additionally, Rich has been granted an option to purchase 50,000 shares at a price of $198.03 per share, which was awarded on December 1, 2023. A quarter of these option shares vested on November 1, 2023, with the remainder vesting monthly over the following four years. The form was signed by Torrie Nute, by power of attorney, on March 12, 2024.
Michael J. Rich, the Chief Revenue Officer and President of Worldwide Sales at Zscaler, Inc., has filed an initial statement of beneficial ownership with the SEC, as per Form 3 dated March 5, 2024. The filing reveals that Rich beneficially owns 116,900 shares of Zscaler's common stock. This ownership includes 4,666 shares held directly, 94,085 restricted stock units (RSUs) that will vest over the next 15 quarters starting March 15, 2024, 9,306 RSUs vesting over the next three quarters from the same date, and 4,135 RSUs vesting over four quarters beginning December 15, 2024. Additionally, Rich has been granted an option to purchase 50,000 shares at a price of $198.03 per share, which was awarded on December 1, 2023. A quarter of these option shares vested on November 1, 2023, with the remainder vesting monthly over the following four years. The form was signed by Torrie Nute, by power of attorney, on March 12, 2024.
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