Norman Gennaro - Jun 24, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
President of Sales
Signature
/s/ Albert Yeh via Power-of-Attorney for Norman Gennaro
Stock symbol
ZEN
Transactions as of
Jun 24, 2022
Transactions value $
-$351,150
Form type
4
Date filed
6/28/2022, 07:55 PM
Previous filing
Jun 17, 2022
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise $177K +5K +15.72% $35.47 36.8K Jun 24, 2022 Direct F1
transaction ZEN Common Stock Sale -$529K -7K -19.02% $75.50 29.8K Jun 24, 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 -5K -8.47% $0.00 54K Jun 24, 2022 Common Stock 5K $35.47 Direct F1, F2
transaction ZEN Restricted Stock Unit Award $0 +25.8K $0.00 25.8K Jun 24, 2022 Common Stock 25.8K Direct F3, F4
* 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 Norman Gennaro on September 13, 2021.
F2 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.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 All of the shares issuable pursuant to the restricted stock units shall vest on June 24, 2023, subject to the Reporting Person's continuous service to the Issuer. Unvested shares are subject to acceleration upon the occurrence of certain events.