Norman Gennaro - Dec 15, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
President of Sales
Signature
/s/ Steven Chen via Power-of-Attorney for Norman Gennaro
Stock symbol
ZEN
Transactions as of
Dec 15, 2021
Transactions value $
-$522,695
Form type
4
Date filed
12/17/2021, 03:16 PM
Previous filing
Nov 17, 2021
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +2.4K +7.16% 35.9K Dec 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$119K -1.19K -3.31% $100.25 34.7K Dec 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +325 +0.94% 35K Dec 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$16.2K -162 -0.46% $100.25 34.8K Dec 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +407 +1.17% 35.2K Dec 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$20.3K -202 -0.57% $100.25 35K Dec 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +295 +0.84% 35.3K Dec 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$14.7K -147 -0.42% $100.25 35.2K Dec 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise $142K +4K +11.37% $35.47 39.2K Dec 15, 2021 Direct F3
transaction ZEN Common Stock Sale -$494K -5K -12.76% $98.85 34.2K Dec 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 -2.4K -49.97% $0.00 2.4K Dec 15, 2021 Common Stock 2.4K Direct F1, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -325 -7.14% $0.00 4.23K Dec 15, 2021 Common Stock 325 Direct F1, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -407 -3.7% $0.00 10.6K Dec 15, 2021 Common Stock 407 Direct F1, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -295 -2.56% $0.00 11.2K Dec 15, 2021 Common Stock 295 Direct F1, F7
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -4K -4.65% $0.00 82K Dec 15, 2021 Common Stock 4K $35.47 Direct F3, F8
* 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 Norman Gennaro on November 2, 2020.
F4 1/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of January 15, 2018 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 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 1/4th of the shares issuable pursuant to the option shall vest one year after the vesting commencement date of January 02, 2018 and an additional 1/48th of the shares issuable pursuant to the option shall vest each month thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date. The Reporting Person will be eligible to participate in the Issuers's Change of Control Acceleration Plan. If the Reporting Person elects to participate in the Issuers's Change of Control Acceleration Plan, unvested shares will be subject to acceleration upon the occurrence of certain events described therein.