Mikkel Svane - 15 Dec 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chair and CEO, Director
Signature
/s/ Steven Chen via Power-of-Attorney for Mikkel Svane
Issuer symbol
ZEN
Transactions as of
15 Dec 2021
Net transactions value
-$4,039,229
Form type
4
Filing time
17 Dec 2021, 15:18:29 UTC
Previous filing
17 Nov 2021
Next filing
20 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +675 +0.08% 845,758 15 Dec 2021 Direct F1
transaction ZEN Common Stock Tax liability $33,584 -335 -0.04% $100.25 845,423 15 Dec 2021 Direct F2
transaction ZEN Common Stock Options Exercise +540 +0.06% 845,963 15 Dec 2021 Direct F1
transaction ZEN Common Stock Tax liability $26,867 -268 -0.03% $100.25 845,695 15 Dec 2021 Direct F2
transaction ZEN Common Stock Options Exercise +816 +0.1% 846,511 15 Dec 2021 Direct F1
transaction ZEN Common Stock Tax liability $40,601 -405 -0.05% $100.25 846,106 15 Dec 2021 Direct F2
transaction ZEN Common Stock Options Exercise +590 +0.07% 846,696 15 Dec 2021 Direct F1
transaction ZEN Common Stock Tax liability $29,373 -293 -0.03% $100.25 846,403 15 Dec 2021 Direct F2
transaction ZEN Common Stock Options Exercise $417,690 +43,875 +5.2% $9.52* 890,278 15 Dec 2021 Direct F3
transaction ZEN Common Stock Sale $1,143,605 -11,657 -1.3% $98.10 878,621 15 Dec 2021 Direct F3, F4
transaction ZEN Common Stock Sale $3,017,326 -30,553 -3.5% $98.76 848,068 15 Dec 2021 Direct F3, F5
transaction ZEN Common Stock Sale $165,562 -1,665 -0.2% $99.44 846,403 15 Dec 2021 Direct F3, F6

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
transaction ZEN Restricted Stock Unit Options Exercise $0 -675 -50% $0.000000 676 15 Dec 2021 Common Stock 675 Direct F1, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -540 -7.1% $0.000000 7,015 15 Dec 2021 Common Stock 540 Direct F1, F8
transaction ZEN Restricted Stock Unit Options Exercise $0 -816 -3.7% $0.000000 21,204 15 Dec 2021 Common Stock 816 Direct F1, F9
transaction ZEN Restricted Stock Unit Options Exercise $0 -590 -2.6% $0.000000 22,431 15 Dec 2021 Common Stock 590 Direct F1, F10
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -43,875 -3.8% $0.000000 1,096,886 15 Dec 2021 Common Stock 43,875 $9.52 Direct F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents the number of shares withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.
F3 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Mikkel Svane on November 23, 2020.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $97.39 to $98.3850 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F5 This sale price represents the weighted average sale price of the shares sold ranging from $98.39 to $99.38 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $99.39 to $99.69 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F7 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2018, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F8 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2019, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F9 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2020, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F10 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2021, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F11 The option is early exercisable. 1/60th of the shares vest monthly after the vesting commencement date of February 13, 2014, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.