SEC Form 4 · accession 0001127602-15-030649
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amanda Kleha
Officer — SVP Velocity Bus.
Period of report
Nov 5, 2015
Accepted (ET)
Nov 6, 2015 · 4:45 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 | Nov 5, 2015 | M | 12,500 | $6.24 | A | 18,177 | D | |
| Common StockF1 | Nov 5, 2015 | S | 12,500 | $22.7592 | D | 5,677 | 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)F2 | $6.24 | Nov 5, 2015 | M | 12,500 | D | — | May 3, 2023 | Common Stock | 12,500 | 37,500 | D |
Explanation of responses
- F1This sale price represents the weighted average sale price of the shares sold ranging from $22.7324 to $22.84 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.
- F2The option, originally representing a right to buy a total of 100,000 shares, was immediately exercisable as of the grant date. 1/48th of the shares vest monthly after the vesting commencement date of April 23, 2013, 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.