Mikkel Svane - Nov 15, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chair and CEO, Director
Signature
/s/ Steven Chen via Power-of-Attorney for Mikkel Svane
Stock symbol
ZEN
Transactions as of
Nov 15, 2021
Transactions value $
-$4,265,215
Form type
4
Date filed
11/17/2021, 07:46 PM
Previous filing
Oct 19, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +675 +0.08% 844K Nov 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$34.8K -335 -0.04% $103.83 844K Nov 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +540 +0.06% 845K Nov 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$27.8K -268 -0.03% $103.83 844K Nov 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +815 +0.1% 845K Nov 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$42.1K -405 -0.05% $103.83 845K Nov 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +590 +0.07% 845K Nov 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$30.4K -293 -0.03% $103.83 845K Nov 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise $418K +43.9K +5.19% $9.52* 889K Nov 15, 2021 Direct F3
transaction ZEN Common Stock Sale -$1.9M -18.4K -2.07% $103.28 871K Nov 15, 2021 Direct F3, F4
transaction ZEN Common Stock Sale -$2.65M -25.5K -2.93% $103.93 845K Nov 15, 2021 Direct F3, F5

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 -675 -33.32% $0.00 1.35K Nov 15, 2021 Common Stock 675 Direct F1, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -540 -6.67% $0.00 7.56K Nov 15, 2021 Common Stock 540 Direct F1, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -815 -3.57% $0.00 22K Nov 15, 2021 Common Stock 815 Direct F1, F8
transaction ZEN Restricted Stock Unit Options Exercise $0 -590 -2.5% $0.00 23K Nov 15, 2021 Common Stock 590 Direct F1, F9
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -43.9K -3.7% $0.00 1.14M Nov 15, 2021 Common Stock 43.9K $9.52 Direct F3, F10
* 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 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.
F3 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Mikkel Svane on November 23, 2020.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $102.65 to $103.64 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.
F5 This sale price represents the weighted average sale price of the shares sold ranging from $103.66 to $104.11 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.
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, 2018, 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 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.
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, 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.
F9 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.
F10 The option is early exercisable. 1/60th of the shares vest monthly after the vesting commencement date of February 13, 2014, 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.