Michael John Curtis - Feb 15, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Signature
/s/ Steven Chen via Power-of-Attorney for Michael John Curtis
Stock symbol
ZEN
Transactions as of
Feb 15, 2022
Transactions value $
-$5,354
Form type
4
Date filed
2/17/2022, 05:46 PM
Previous filing
Nov 17, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Award +112 +1.61% 7.07K Feb 15, 2022 Direct F1, F2
transaction ZEN Common Stock Tax liability -$5.35K -46 -0.65% $116.39 7.02K Feb 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Policy, the Reporting Person has elected to receive fully-vested restricted stock units in lieu of the retainer fees payable for services on the Issuer's Board of Directors and any committees thereof. The number of shares of common stock issuable pursuant to the restricted stock units represents the quotient of (i) one-quarter of all applicable annual retainer fees divided by (ii) the average closing price of the Issuer's common stock over the 30 trading days prior to the date of grant.
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.