Mikkel Svane - 15 Mar 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chair and CEO, Director
Signature
/s/ Albert Yeh via Power-of-Attorney for Mikkel Svane
Issuer symbol
ZEN
Transactions as of
15 Mar 2022
Net transactions value
-$107,023
Form type
4
Filing time
17 Mar 2022, 20:40:15 UTC
Previous filing
02 Mar 2022
Next filing
19 Apr 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 +539 +0.06% 849,557 15 Mar 2022 Direct F1
transaction ZEN Common Stock Tax liability $29,692 -268 -0.03% $110.79 849,289 15 Mar 2022 Direct F2
transaction ZEN Common Stock Options Exercise +815 +0.1% 850,104 15 Mar 2022 Direct F1
transaction ZEN Common Stock Tax liability $44,870 -405 -0.05% $110.79 849,699 15 Mar 2022 Direct F2
transaction ZEN Common Stock Options Exercise +590 +0.07% 850,289 15 Mar 2022 Direct F1
transaction ZEN Common Stock Tax liability $32,461 -293 -0.03% $110.79 849,996 15 Mar 2022 Direct F2

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 -539 -9.1% $0.000000 5,397 15 Mar 2022 Common Stock 539 Direct F1, F3
transaction ZEN Restricted Stock Unit Options Exercise $0 -815 -4.2% $0.000000 18,758 15 Mar 2022 Common Stock 815 Direct F1, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -590 -2.8% $0.000000 20,660 15 Mar 2022 Common Stock 590 Direct F1, F5
* 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 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.
F4 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.
F5 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.

Remarks:

Exhibit 24 - Power of Attorney