SEC Form 4 · accession 0001127602-16-051721
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Cox
Officer — Chief Revenue Officer
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 8:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463172
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | May 6, 2016 | A | 200,000 | A | — | May 6, 2023 | Common Stock | 200,000 | 200,000 | D |
| Stock Option (Right to Buy)F3 | $23.44 | May 6, 2016 | A | 300,000 | A | — | May 6, 2026 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F21/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of May 15, 2016 and an additional 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.The Reporting Person will be eligible to participate in the Issuers's Change of Control Acceleration Plan. If the Reporting Person elects to participate in the Issuers's Change of Control Acceleration Plan, unvested shares will be subject to acceleration upon the occurrence of certain events described therein.
- F31/4th of the shares subject to the option shall vest and become exercisable one year after May 3, 2016, and an additional 1/48th of the shares shall vest and become exercisable each month thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.