Soren Abildgaard - May 6, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
EVP of Engineering
Signature
/s/ Steven Chen via Power-of-Attorney for Soren Abildgaard
Stock symbol
ZEN
Transactions as of
May 6, 2021
Transactions value $
-$246,304
Form type
4
Date filed
5/7/2021, 06:46 PM
Next filing
May 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise $78K +2.19K +994.09% $35.65 2.41K May 6, 2021 Direct F1
transaction ZEN Common Stock Sale -$300K -2.19K -90.86% $137.06 220 May 6, 2021 Direct F1
transaction ZEN Common Stock Options Exercise $26.6K +363 +165% $73.27 583 May 7, 2021 Direct F1
transaction ZEN Common Stock Sale -$51.1K -363 -62.26% $140.82 220 May 7, 2021 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -2.19K -14.28% $0.00 13.1K May 6, 2021 Common Stock 2.19K $35.65 Direct F1, F2
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -363 -4.55% $0.00 7.61K May 7, 2021 Common Stock 363 $73.27 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Soren Abildgaard on February 21, 2020.
F2 1/4th of the shares subject to the Options vested and became exercisable one year after the vesting commencement date of November 6, 2017, and an additional 1/48th of the shares shall vest and become exercisable each month thereafter, 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.
F3 1/48th of the shares issuable pursuant to the Options shall vest each month after the vesting commencement date of February 7, 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.