Adrian McDermott - May 15, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chief Technology Officer
Signature
/s/ Albert Yeh via Power-of-Attorney for Adrian McDermott
Stock symbol
ZEN
Transactions as of
May 15, 2022
Transactions value $
-$106,362
Form type
4
Date filed
5/17/2022, 07:15 PM
Previous filing
May 4, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +504 +0.54% 93.5K May 15, 2022 Direct F1, F2
transaction ZEN Common Stock Tax liability -$25.5K -250 -0.27% $102.15 93.3K May 15, 2022 Direct F3
transaction ZEN Common Stock Options Exercise +408 +0.44% 93.7K May 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$20.7K -203 -0.22% $102.15 93.5K May 15, 2022 Direct F3
transaction ZEN Common Stock Options Exercise +296 +0.32% 93.8K May 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$15K -147 -0.16% $102.15 93.6K May 15, 2022 Direct F3
transaction ZEN Common Stock Options Exercise +408 +0.44% 94K May 15, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$20.7K -203 -0.22% $102.15 93.8K May 15, 2022 Direct F3
transaction ZEN Common Stock Sale -$24.3K -242 -0.26% $100.56 93.6K May 17, 2022 Direct F4

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 -504 -11.11% $0.00 4.03K May 15, 2022 Common Stock 504 Direct F1, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -408 -4.55% $0.00 8.56K May 15, 2022 Common Stock 408 Direct F1, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -296 -2.95% $0.00 9.74K May 15, 2022 Common Stock 296 Direct F1, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -408 -2.17% $0.00 18.4K May 15, 2022 Common Stock 408 Direct F1, 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 Includes 242 shares acquired by the Reporting Person on May 13, 2022, pursuant to the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
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.
F4 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Adrian McDermott on August 7, 2020.
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 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2022, 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.