J. Titterton - Aug 18, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chief Operating Officer
Signature
/s/ Albert Yeh via Power-of-Attorney for Jeff J. Titterton
Stock symbol
ZEN
Transactions as of
Aug 18, 2022
Transactions value $
-$888,017
Form type
4
Date filed
8/19/2022, 08:44 PM
Previous filing
Aug 17, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise $301K +11K +1604.51% $27.34 11.7K Aug 18, 2022 Direct
transaction ZEN Common Stock Options Exercise $346K +8.98K +76.66% $38.50 20.7K Aug 18, 2022 Direct
transaction ZEN Common Stock Sale -$1.54M -20K -96.68% $76.75 687 Aug 18, 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 -11K -100% $0.00* 0 Aug 18, 2022 Common Stock 11K $27.34 Direct F2
transaction ZEN Stock Option (Right to Buy) Options Exercise $0 -8.98K -32.06% $0.00 19K Aug 18, 2022 Common Stock 8.98K $38.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale price represents the weighted average sale price of the shares sold ranging from $76.75 to $76.755 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F2 1/4th of the shares issuable pursuant to the option shall vest one year after the vesting commencement date of May 15, 2017 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. Unvested shares are subject to acceleration upon the occurrence of certain events.
F3 Shares subject to the option vests ratably monthly over 48 months from vesting commencement date of February 8, 2018 subject to cliff vesting for all months prior to the one year anniversary of May 15, 2017.