SEC Form 4 · accession 0001127602-15-001354
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adrian McDermott
Officer — SVP of Product Development
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463172
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2015 | M | 9,116 | $0.11 | A | 91,893 | D | |
| Common StockF2 | Jan 5, 2015 | S | 8,916 | $23.9111 | D | 82,977 | D | |
| Common Stock | Jan 5, 2015 | S | 200 | $24.47 | D | 82,777 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $0.11 | Jan 5, 2015 | M | 9,116 | D | — | Sep 9, 2020 | Common Stock | 9,116 | 319,671 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $23.35 to $24.30 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F31/4th of the shares subject to the option vested on July 26, 2011 and 1/48th of the shares subject to the option shall vest monthly 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.