Pat Copeland - 22 Nov 2022 Form 4 Insider Report for Zendesk, Inc.

Role
Chief Engineering Officer
Signature
/s/ Albert Yeh via Power-of-Attorney for Patrick Copeland
Issuer symbol
N/A
Transactions as of
22 Nov 2022
Net transactions value
-$10,026,640
Form type
4
Filing time
25 Nov 2022, 19:41:12 UTC
Previous filing
01 Aug 2022
SEC
View on sec.gov

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 Disposed to Issuer $7,519,980 -97,032 -100% $77.50 0 22 Nov 2022 Common Stock 97,032 Direct F1
transaction ZEN Performance Restricted Stock Unit Award $0 +32,344 $0.000000 32,344 22 Nov 2022 Common Stock 32,344 Direct F2
transaction ZEN Performance Restricted Stock Unit Disposed to Issuer $2,506,660 -32,344 -100% $77.50 0 22 Nov 2022 Common Stock 32,344 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 At the Effective Time, each restricted stock unit award was canceled and converted, in accordance with the terms of the Merger Agreement, into the right to receive an unvested cash award equal to the product of (x) the number of shares of Company Common Stock subject to such award as of immediately prior to the Effective Time multiplied by (y) the Merger Consideration.
F2 At the Effective Time, each performance-based restricted stock unit award was canceled and converted, in accordance with the terms of the Merger Agreement, into the right to receive an unvested cash award equal to the product of (x) the number of shares of Company Common Stock subject to such award as of immediately prior to the Effective Time multiplied by (y) the Merger Consideration.