Summary by Moomoo AI
Zscaler, Inc., a company incorporated in Delaware and headquartered in San Jose, California, has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission (SEC) on September 12, 2024. This filing pertains to the registration of additional shares of common stock under the company's Fiscal Year 2018 Equity Incentive Plan and Fiscal Year 2018 Employee Stock Purchase Plan. The registration follows a series of previous filings dating back to March 16, 2018, and incorporates by reference the contents of earlier registration statements. The number of shares available for grant and issuance under these plans has increased due to an 'Evergreen Provision,' which allows for an annual increase based on a set formula. As of August 1, 2024, the number of shares available under the 2018 Plan increased by 7,624,273 shares, and under the 2018 ESPP by 1,524,854 shares. The company's CEO and Chairman, Jagtar Chaudhry, along with other executives and directors, have signed the Registration Statement, indicating the company's compliance with the requirements for filing on Form S-8.
