Norman Gennaro - Feb 15, 2022 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
Feb 15, 2022
Transactions value $
-$685,138
Form type
4
Date filed
2/17/2022, 06:00 PM
Previous filing
Jan 20, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +325 +0.92% 35.7K Feb 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$13.2K -113 -0.32% $116.39 35.6K Feb 15, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +408 +1.15% 36K Feb 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$16.5K -142 -0.39% $116.39 35.8K Feb 15, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +295 +0.82% 36.1K Feb 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$12K -103 -0.29% $116.39 36K Feb 15, 2022 Direct F2
transaction ZEN Common Stock Options Exercise $177K +5K +13.88% $35.47 41K Feb 16, 2022 Direct F3
transaction ZEN Common Stock Sale -$821K -7K -17.07% $117.26 34K Feb 16, 2022 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 -325 -8.33% $0.00 3.58K Feb 15, 2022 Common Stock 325 Direct F1, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -408 -4% $0.00 9.79K Feb 15, 2022 Common Stock 408 Direct F1, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -295 -2.7% $0.00 10.6K Feb 15, 2022 Common Stock 295 Direct F1, F6
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -5K -6.41% $0.00 73K Feb 16, 2022 Common Stock 5K $35.47 Direct F3, F7
* 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 September 13, 2021.
F4 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.
F5 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.
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, 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.
F7 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.