Elwan S. Johnson - 22 Nov 2022 Form 4 Insider Report for Zendesk, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Nov 2022
Net transaction value: -$231,570
SEC form: 4
Accepted by SEC: 25 Nov 2022, 19:34:56 UTC
Prior SEC filing: 19 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Albert Yeh via Power-of-Attorney for Elwan S Johnson

Key filing fact

Elwan S. Johnson filed Form 4 for Zendesk, Inc. on 25 Nov 2022.

Key facts

This page summarizes Elwan S. Johnson's Form 4 filing for Zendesk, Inc..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Nov 2022, 19:34.

Change

Previous filing in this sequence was filed on 19 Aug 2022.
Current net transaction value: -$231,570.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZEN transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -2,479
Change %: -100%
Price
Shares after: 0
Date: 22 Nov 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZEN transaction Derivative

Restricted Stock Unit

Disposed to Issuer

Transaction value: $231,570
Shares: -2,988
Change %: -100%
Price: $77.50
Shares after: 0
Date: 22 Nov 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,988
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Elwan S. Johnson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

The shares of Company common stock were disposed of pursuant to the Agreement and Plan of Merger, dated as of June 24, 2022 (the "Merger Agreement"), by and among the Company, Zoro BidCo, Inc., a Delaware corporation, and Zoro Merger Sub, Inc., a Delaware corporation, whereby at the effective time of the merger contemplated therein (the "Effective Time"), each share of Company common stock issued and outstanding immediately prior to the Effective Time, subject to certain exceptions as provided in the Merger Agreement, was converted into the right to receive $77.50 in cash, without interest (the "Merger Consideration"), subject to any required tax withholding as provided in the Merger Agreement.

Footnote F2

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 a cash payment 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.