SEC Form 4 · accession 0001127602-16-037659
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Alan J Black
Officer — SVP and CFO
Period of report
Jan 21, 2016
Accepted (ET)
Jan 22, 2016 · 9:04 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 21, 2016 | M | 2,000 | $6.24 | A | 133,488 | D | |
| Common Stock | Jan 21, 2016 | M | 3,600 | $9.52 | A | 137,088 | D | |
| Common Stock | Jan 21, 2016 | S | 5,600 | $24.00 | D | 131,488 | D | |
| Common Stock | holding | — | — | — | 250,300 | I | Alan J. Black and Linda J. Black, Trustees of Black Family Trust - 2001 U/I DTD. November 26, 2001 | |
| 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)F2 | $6.24 | Jan 21, 2016 | M | 2,000 | D | — | May 3, 2023 | Common Stock | 2,000 | 61,100 | D |
| Stock Option (Right to Buy)F3 | $9.52 | Jan 21, 2016 | M | 3,600 | D | — | Feb 13, 2024 | Common Stock | 3,600 | 80,400 | D |
Explanation of responses
- F1This transaction was effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
- F2The 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.
- F3The 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.