SEC Form 4 · accession 0001127602-16-070326
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mikkel Svane
Officer — Chairman and CEO · Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 16, 2016 · 7:29 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 | Dec 13, 2016 | G | 22,700 | $23.25 | D | 1,873,074 | D | |
| Common StockF1 | Dec 15, 2016 | M | 852 | — | A | 1,873,926 | D | |
| Common StockF2 | Dec 15, 2016 | F | 321 | $22.70 | D | 1,873,605 | D | |
| Common StockF1 | Dec 15, 2016 | M | 521 | — | A | 1,874,126 | D | |
| Common StockF2 | Dec 15, 2016 | F | 196 | $22.70 | D | 1,873,930 | D |
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,F3 | — | Dec 15, 2016 | M | 852 | D | — | Feb 5, 2022 | Common Stock | 852 | 22,155 | D |
| Restricted Stock UnitF1,F4 | — | Dec 15, 2016 | M | 521 | D | — | May 6, 2023 | Common Stock | 521 | 21,355 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents the number of shares withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.
- F31/48th of the shares issuable pursuant to the restricted stock units shall vest monthly after the vesting commencement date of February 15, 2015, 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.
- F41/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of May 15, 2016, 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.