Michael John Curtis - 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: -$288,145
SEC form: 4
Accepted by SEC: 25 Nov 2022, 19:38:01 UTC
Prior SEC filing: 08 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Albert Yeh via Power-of-Attorney for Michael John Curtis

Key filing fact

Michael John Curtis filed Form 4 for Zendesk, Inc. on 25 Nov 2022.

Key facts

This page summarizes Michael John Curtis's Form 4 filing for Zendesk, Inc..
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 25 Nov 2022, 19:38.

Change

Previous filing in this sequence was filed on 08 Nov 2022.
Current net transaction value: -$288,145.

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: -18,341
Change %: -100%
Price
Shares after: 0
Date: 22 Nov 2022
Ownership: Direct
Footnotes: F1, F2

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: $288,145
Shares: -3,718
Change %: -100%
Price: $77.50
Shares after: 0
Date: 22 Nov 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,718
Exercise price
Footnotes: F3

ZEN transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -44,617
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Nov 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 44,617
Exercise price: $116.67
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael John Curtis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Includes 75 shares acquired by the Reporting Person on November 7, 2022, pursuant to the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).

Footnote F2

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 F3

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.

Footnote F4

At the Effective Time, each Company stock option that was out-of-the-money was cancelled for no consideration in accordance with the terms of the Merger Agreement.