Shelagh Glaser - May 29, 2021 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chief Financial Officer
Signature
/s/ Steven Chen via Power-of-Attorney for Shelagh Glaser
Stock symbol
ZEN
Transactions as of
May 29, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 08:04 PM
Previous filing
Jun 2, 2021
Next filing
Mar 2, 2022

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 Stock Option (Right to Buy) Award $0 +71K $0.00 71K May 29, 2021 Common Stock 71K $136.66 Direct F1
transaction ZEN Restricted Stock Unit Award $0 +35.5K $0.00 35.5K May 29, 2021 Common Stock 35.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of the shares subject to the Options shall vest and become exercisable one year after the vesting commencement date of May 28, 2021, and an additional 1/48th of the shares shall vest and become exercisable 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.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 1/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of May 15, 2021, 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.