Adrian McDermott - 02 May 2022 Form 4 Insider Report for Zendesk, Inc.

Role: Chief Technology Officer
Signature: /s/ Albert Yeh via Power-of-Attorney for Adrian McDermott
Issuer symbol: N/A
Transactions as of: 02 May 2022
Net transactions value: -$1,080,836
Form type: 4
Filing time: 04 May 2022, 17:50:02 UTC
Previous filing: 19 Apr 2022
Next filing: 17 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZEN	Common Stock	Options Exercise	$92,925	+9,761	+11%	$9.52^*	102,521	02 May 2022	Direct	F1
transaction	ZEN	Common Stock	Sale	$1,173,760	-9,761	-9.5%	$120.25	92,760	02 May 2022	Direct	F1

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	Stock Option (Right to Buy)	Options Exercise	$0	-9,761	-7.2%	$0.000000	125,934	02 May 2022	Common Stock	9,761	$9.52	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Adrian McDermott on August 7, 2020.
F2	The option is immediately exercisable as of the grant date. 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. Unvested shares exercised are subject to a right of repurchase in favor of the Issuer should the Reporting Person cease to provide continuous service.

Content

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Adrian McDermott on August 7, 2020.

The option is immediately exercisable as of the grant date. 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. Unvested shares exercised are subject to a right of repurchase in favor of the Issuer should the Reporting Person cease to provide continuous service.