Zscaler, Inc. current report, 06 January 2021

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Zscaler, Inc. Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K, dated January 6, 2021, details the results of Zscaler, Inc.'s annual meeting of stockholders held on that date. The filing covers the election of directors, ratification of the independent auditor, and an advisory vote on executive compensation.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes rather than financial performance.

Material Changes and Voting Results

The following matters were submitted to a vote of security holders with the following certified results:

  • Election of Directors: Two Class III directors were elected to serve until the 2023 annual meeting.
    • Jay Chaudhry: 93,736,236 votes For; 12,682,891 votes Withheld.
    • Amit Sinha, Ph.D.: 94,808,734 votes For; 11,610,393 votes Withheld.
  • Ratification of Auditor: The appointment of PricewaterhouseCoopers LLP for the fiscal year ending July 31, 2021, was ratified.
    • For: 119,879,037
    • Against: 103,019
    • Abstain: 191,810
  • Advisory Vote on Executive Compensation: Stockholders approved the compensation of named executive officers on a non-binding basis.
    • For: 86,209,398
    • Against: 18,721,271
    • Abstain: 1,488,458

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Key Facts for Investor Verification

  • Confirmation that Jay Chaudhry and Amit Sinha, Ph.D., were successfully elected as Class III directors.
  • Verification that PricewaterhouseCoopers LLP remains the independent registered public accounting firm for the fiscal year ending July 31, 2021.
  • Observation of the significant "Against" vote (approximately 18.7 million) on the executive compensation advisory proposal, which may warrant further review of shareholder sentiment.
  • Confirmation of the total number of broker non-votes (13,754,739) recorded for the director elections and executive compensation vote.