SEC Form 4 · accession 0001127602-15-032424
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Adrian Price
Officer — SVP Emerging Bus./Corp Mktg
Period of report
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 9:03 am 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 20, 2015 | M | 1,666 | $2.30 | A | 3,533 | D | |
| Common Stock | Nov 20, 2015 | M | 1,917 | $9.52 | A | 5,450 | D | |
| Common Stock | Nov 20, 2015 | S | 3,583 | $25.74 | D | 1,867 | 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 | $2.30 | Nov 20, 2015 | M | 1,666 | D | — | Jul 18, 2022 | Common Stock | 1,666 | 33,334 | D |
| Stock Option (Right to Buy)F3 | $9.52 | Nov 20, 2015 | M | 1,917 | D | — | Feb 13, 2024 | Common Stock | 1,917 | 74,750 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F21/5th of the shares subject to the option vested on July 18, 2013 and 1/60th 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. 100% of the then unvested shares are subject to acceleration upon the occurrence of certain events.
- F3The option is immediately exercisable as of the grant date. 1/60th of the shares vest monthly after the vesting commencement date of February 13, 2014, subject to the Reporting Person's continuous service to the Issuer on each such date. 100% of the then 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 Issuer should the Reporting Person cease to provide continuous service.