Mikkel Svane - 05 Aug 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: 05 Aug 2022
Transactions value $: -$73,909
Form type: 4
Filing time: 17 Aug 2022, 21:37:24 UTC
Previous filing: 04 Aug 2022
Next filing: 19 Sep 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	Gift		-250,000	-33.25%		501,983	05 Aug 2022	Direct	F1
transaction	ZEN	Common Stock	Options Exercise		+539	+0.11%		502,522	15 Aug 2022	Direct	F2
transaction	ZEN	Common Stock	Tax liability	-$20,504	-268	-0.05%	$76.51	502,254	15 Aug 2022	Direct	F3
transaction	ZEN	Common Stock	Options Exercise		+816	+0.16%		503,070	15 Aug 2022	Direct	F2
transaction	ZEN	Common Stock	Tax liability	-$30,986	-405	-0.08%	$76.51	502,665	15 Aug 2022	Direct	F3
transaction	ZEN	Common Stock	Options Exercise		+590	+0.12%		503,255	15 Aug 2022	Direct	F2
transaction	ZEN	Common Stock	Tax liability	-$22,417	-293	-0.06%	$76.51	502,962	15 Aug 2022	Direct	F3

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	-16.65%	$0	2,699	15 Aug 2022	Common Stock	539		Direct	F2, F4
transaction	ZEN	Restricted Stock Unit	Options Exercise	$0	-816	-5.27%	$0	14,680	15 Aug 2022	Common Stock	816		Direct	F2, F5
transaction	ZEN	Restricted Stock Unit	Options Exercise	$0	-590	-3.22%	$0	17,709	15 Aug 2022	Common Stock	590		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 5, 2022, the reporting person gifted without the receipt of consideration 250,00 shares of Zendesk common stock to a nonprofit public benefit corporation incorporated in California. The reporting person has no pecuniary interest in the corporation and is not the beneficial owner of the securities for purposes of Section 16.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	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.
F4	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.
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, 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.
F6	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.