SEC Form 4 · accession 0001127602-15-031335
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Black
Officer — SVP and CFO
Period of report
Nov 11, 2015
Accepted (ET)
Nov 13, 2015 · 4:54 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 StockF1 | Nov 9, 2015 | G | 2,200 | $0.00 | D | 169,166 | D | |
| Common Stock | Nov 9, 2015 | G | 12,500 | $0.00 | D | 156,666 | D | |
| Common Stock | Nov 9, 2015 | G | 12,500 | $0.00 | A | 281,790 | I | Alan J. Black and Linda J. Black, Trustees of Black Family Trust - 2001 U/I DTD. November 26, 2001 |
| Common StockF3 | Nov 11, 2015 | S | 26,490 | $24.00 | D | 255,300 | I | Alan J. Black and Linda J. Black, Trustees of Black Family Trust - 2001 U/I DTD. November 26, 2001 |
| Common Stock | Nov 11, 2015 | M | 7,200 | $6.24 | A | 163,866 | D | |
| Common Stock | Nov 11, 2015 | M | 28,490 | $9.52 | A | 192,356 | D | |
| Common StockF3 | Nov 11, 2015 | S | 35,690 | $24.00 | D | 156,666 | D | |
| Common Stock | holding | — | — | — | 40,000 | I | By Black 2013 Family Heritage Trust | |
| Common Stock | holding | — | — | — | 40,000 | I | By Black 2014 Family Heritage Trust |
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)F4 | $6.24 | Nov 11, 2015 | M | 7,200 | D | — | May 3, 2023 | Common Stock | 7,200 | 70,300 | D |
| Stock Option (Right to Buy)F5 | $9.52 | Nov 11, 2015 | M | 28,490 | D | — | Feb 13, 2024 | Common Stock | 28,490 | 88,000 | D |
Explanation of responses
- F1The correct balance prior to this filing was 171,366.
- F2This transaction was effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $24.00 to $24.01 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.
- F4The option is immediately exercisable as of the grant date. 1/48th of the shares vest monthly after 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. Unvested shares exercised are subject to a right of repurchase in favor of the Company should the Reporting Person cease to provide continuous service.
- F5The option is immediately exercisable as of the grant date. 1/60th of the shares vest monthly after February 13, 2014, 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. Unvested shares exercised are subject to a right of repurchase in favor of the Company should the Reporting Person cease to provide continuous service.