Adrian McDermott - Jun 1, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chief Technology Officer
Signature
/s/ Steven Chen via Power-of-Attorney for Adrian McDermott
Stock symbol
ZEN
Transactions as of
Jun 1, 2021
Transactions value $
-$1,212,770
Form type
4
Date filed
6/2/2021, 08:08 PM
Previous filing
May 21, 2021
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise $58.4K +9.36K +10.97% $6.24* 94.7K Jun 1, 2021 Direct F1
transaction ZEN Common Stock Sale -$807K -5.96K -6.29% $135.42 88.7K Jun 1, 2021 Direct F1, F2
transaction ZEN Common Stock Sale -$464K -3.4K -3.83% $136.48 85.3K Jun 1, 2021 Direct F1, 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 Stock Option (Right to Buy) Options Exercise $0 -9.36K -48.14% $0.00 10.1K Jun 1, 2021 Common Stock 9.36K $6.24 Direct F1, F4
* 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 Adrian McDermott on August 7, 2020.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $135.14 to $135.78 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $136.40 to $136.51 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.
F4 The option is immediately exercisable as of the grant date. 1/60th of the shares vest monthly after the vesting commencement date of April 23, 2013, 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. Unvested shares exercised are subject to a right of repurchase in favor of the Issuer should the Reporting Person cease to provide continuous service.