Alex Constantinople - Sep 30, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Former Chief Marketing Officer
Signature
/s/ Albert Yeh via Power-of-Attorney for Alex Constantinople
Stock symbol
ZEN
Transactions as of
Sep 30, 2022
Transactions value $
-$196,957
Form type
4
Date filed
10/4/2022, 06:30 PM
Previous filing
Sep 19, 2022
Next filing
Nov 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +3.06K +46.66% 9.61K Sep 30, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$116K -1.52K -15.78% $76.34 8.09K Sep 30, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +2.15K +26.51% 10.2K Sep 30, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$81.2K -1.06K -10.4% $76.34 9.17K Sep 30, 2022 Direct F2

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 -3.06K -18.75% $0.00 13.2K Sep 30, 2022 Common Stock 3.06K Direct F1, F3
transaction ZEN Restricted Stock Unit Options Exercise $0 -2.15K -14.63% $0.00 12.5K Sep 30, 2022 Common Stock 2.15K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Alex Constantinople is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 1/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of May 15, 2021, and an additional 1/48th of the shares issuable pursuant to the restricted stock units 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.
F4 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 cliff vesting for all months prior to the 1st anniversary, May 10, 2021, of the commencement of grantee's provision of services to the company or its subsidiaries, and 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.