J. Titterton - Jun 14, 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
Jun 14, 2021
Transactions value $
-$499,395
Form type
4
Date filed
6/16/2021, 08:57 PM
Previous filing
May 18, 2021
Next filing
Jul 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Sale -$422K -3K -16.26% $140.80 15.5K Jun 14, 2021 Direct F1
transaction ZEN Common Stock Options Exercise +291 +1.88% 15.7K Jun 15, 2021 Direct F2
transaction ZEN Common Stock Tax liability -$20.4K -145 -0.92% $141.02 15.6K Jun 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +235 +1.51% 15.8K Jun 15, 2021 Direct F2
transaction ZEN Common Stock Tax liability -$16.5K -117 -0.74% $141.02 15.7K Jun 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +272 +1.73% 16K Jun 15, 2021 Direct F2
transaction ZEN Common Stock Tax liability -$19K -135 -0.84% $141.02 15.9K Jun 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +221 +1.39% 16.1K Jun 15, 2021 Direct F2
transaction ZEN Common Stock Tax liability -$15.5K -110 -0.68% $141.02 16K Jun 15, 2021 Direct F3
transaction ZEN Common Stock Options Exercise +77 +0.48% 16K Jun 15, 2021 Direct F2
transaction ZEN Common Stock Tax liability -$5.5K -39 -0.24% $141.02 16K Jun 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 -291 -12.47% $0.00 2.04K Jun 15, 2021 Common Stock 291 Direct F2, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -235 -4.99% $0.00 4.47K Jun 15, 2021 Common Stock 235 Direct F2, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -272 -3.03% $0.00 8.7K Jun 15, 2021 Common Stock 272 Direct F2, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -221 -2.22% $0.00 9.74K Jun 15, 2021 Common Stock 221 Direct F2, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -77 -2.13% $0.00 3.54K Jun 15, 2021 Common Stock 77 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale price represents the weighted average sale price of the shares sold ranging from $140.76 to $140.86 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.
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 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.
F5 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.
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, 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.
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, 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.
F8 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: