Soren Abildgaard - May 15, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Signature
/s/ Steven Chen via Power-of-Attorney for Soren Abildgaard
Stock symbol
ZEN
Transactions as of
May 15, 2021
Transactions value $
-$149,084
Form type
4
Date filed
5/18/2021, 09:14 PM
Previous filing
May 12, 2021
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +1.61K +733.64% 1.83K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$108K -801 -43.68% $135.04 1.03K May 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +181 +17.52% 1.21K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$12.2K -90 -7.41% $135.04 1.12K May 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +204 +18.15% 1.33K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$13.8K -102 -7.68% $135.04 1.23K May 15, 2021 Direct F2
transaction ZEN Common Stock Options Exercise +222 +18.11% 1.45K May 15, 2021 Direct F1
transaction ZEN Common Stock Tax liability -$15K -111 -7.67% $135.04 1.34K May 15, 2021 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 -1.61K -14.28% $0.00 9.69K May 15, 2021 Common Stock 1.61K Direct F1, F3
transaction ZEN Restricted Stock Unit Options Exercise $0 -181 -4.75% $0.00 3.63K May 15, 2021 Common Stock 181 Direct F1, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -204 -2.94% $0.00 6.73K May 15, 2021 Common Stock 204 Direct F1, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -222 -2.18% $0.00 9.96K May 15, 2021 Common Stock 222 Direct F1, F6
* 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 1/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of November 15, 2017 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 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.
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.