John Geschke - 04 Nov 2022 Form 4 Insider Report for Zendesk, Inc.

Signature
/s/ Albert Yeh via Power-of-Attorney for John Geschke
Issuer symbol
N/A
Transactions as of
04 Nov 2022
Net transactions value
-$50,365
Form type
4
Filing time
08 Nov 2022, 18:02:03 UTC
Previous filing
18 Oct 2022
Next filing
25 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +306 +0.66% 46,843 04 Nov 2022 Direct F1
transaction ZEN Common Stock Tax liability $11,599 -152 -0.32% $76.31 46,691 04 Nov 2022 Direct F2
transaction ZEN Common Stock Options Exercise +340 +0.73% 47,031 04 Nov 2022 Direct F1
transaction ZEN Common Stock Tax liability $12,896 -169 -0.36% $76.31 46,862 04 Nov 2022 Direct F2
transaction ZEN Common Stock Options Exercise +221 +0.47% 47,083 04 Nov 2022 Direct F1
transaction ZEN Common Stock Tax liability $8,394 -110 -0.23% $76.31 46,973 04 Nov 2022 Direct F2
transaction ZEN Common Stock Options Exercise +460 +0.98% 47,433 04 Nov 2022 Direct F1
transaction ZEN Common Stock Tax liability $17,475 -229 -0.48% $76.31 47,204 04 Nov 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 -306 -33% $0.000000 613 04 Nov 2022 Common Stock 306 Direct F1, F3, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -340 -6.3% $0.000000 5,098 04 Nov 2022 Common Stock 340 Direct F1, F4, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -221 -3.6% $0.000000 5,977 04 Nov 2022 Common Stock 221 Direct F1, F4, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -460 -2.5% $0.000000 17,925 04 Nov 2022 Common Stock 460 Direct F1, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2019, 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 Shares issuable pursuant to restricted stock units (RSUs) originally scheduled to vest on November 15, 2022, but which vesting was accelerated to November 4, 2022, in order to facilitate the settlement of taxes due upon vesting of such RSUs, in advance of the closing of the acquisition of the Issuer by an investor group led by Permira Advisers LLC and Hellman & Friedman LLC.
F5 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2020, 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.
F6 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2021, 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.
F7 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 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.