J. Titterton - May 15, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Signature
/s/ Steven Chen via Power-of-Attorney for Jeff J. Titterton
Stock symbol
ZEN
Transactions as of
May 15, 2021
Transactions value $
-$157,592
Form type
4
Date filed
5/18/2021, 09:25 PM
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +1.25K +7.24% 18.5K May 15, 2021 Direct F1, F2
transaction ZEN Common Stock Tax liability -$83.9K -621 -3.35% $135.04 17.9K May 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +292 +1.63% 18.2K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$19.6K -145 -0.8% $135.04 18K May 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +235 +1.3% 18.3K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$15.8K -117 -0.64% $135.04 18.2K May 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +272 +1.5% 18.4K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$18.2K -135 -0.73% $135.04* 18.3K May 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +222 +1.21% 18.5K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$15K -111 -0.6% $135.04 18.4K May 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +76 +0.41% 18.5K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$5.13K -38 -0.21% $135.04 18.5K May 15, 2021 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 -1.25K -100% $0.00* 0 May 15, 2021 Common Stock 1.25K Direct F1, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -292 -11.12% $0.00 2.33K May 15, 2021 Common Stock 292 Direct F1, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -235 -4.75% $0.00 4.71K May 15, 2021 Common Stock 235 Direct F1, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -272 -2.94% $0.00 8.97K May 15, 2021 Common Stock 272 Direct F1, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -222 -2.18% $0.00 9.96K May 15, 2021 Common Stock 222 Direct F1, F8
transaction ZEN Restricted Stock Unit Options Exercise $0 -76 -2.06% $0.00 3.62K May 15, 2021 Common Stock 76 Direct F1, F9
* 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 Includes 202 shares acquired by the Reporting Person on May 14, 2021 pursuant to the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
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 1/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of May 15, 2017 and an additional 1/48th of the shares issuable pursuant to the restricted stock units shall vest 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.
F5 Restricted stock units vests ratably monthly over 48 months from vesting commencement date of January 15, 2018 subject to cliff vesting for all months prior to the one year anniversary of May 15, 2017.
F6 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.
F7 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.
F8 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.
F9 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of April 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: