SEC Form 4 · accession 0001209191-15-042448
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 11, 2015 | J | 2,192,794 | $0.00 | D | 8,771,173 | I | See footnote |
| Common StockF3 | May 11, 2015 | J | 10,775 | $0.00 | A | 10,775 | I | See footnote |
| Common StockF4 | May 11, 2015 | J | 51,028 | $0.00 | A | 51,028 | I | See footnote |
| Common StockF5 | May 11, 2015 | J | 84,561 | $0.00 | A | 84,561 | I | See footnote |
| Common StockF6,F5 | May 12, 2015 | S | 3,115 | $21.9891 | D | 81,446 | I | See footnote |
| Common StockF7 | May 11, 2015 | J | 37,481 | $0.00 | A | 37,481 | I | See footnote |
| Common StockF8 | May 11, 2015 | J | 38,378 | $0.00 | A | 38,378 | I | See footnote |
| Common StockF9 | May 11, 2015 | J | 9,370 | $0.00 | A | 9,370 | I | See footnote |
| Common StockF10 | May 11, 2015 | J | 79,875 | $0.00 | A | 79,875 | D | |
| Common StockF6,F10 | May 12, 2015 | S | 3,115 | $21.9891 | D | 76,760 | D |
Table II — derivative securities
Explanation of responses
- F1Represents a pro-rata, in-kind distribution by Benchmark Capital Partners VI, L.P. ("BCP VI") and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
- F10Shares are owned directly by J. William Gurley.
- F2Shares held of record by BCP VI, as nominee for BCP VI, Benchmark Founders' Fund VI, L.P. ("BFF VI"), Benchmark Founders' Fund VI-B, L.P. ("BFF IV-B") and related persons. Benchmark Capital Management Co. VI, L.L.C. ("BCMC VI"), the general partner of each of BCP VI, BFF VI and BFF VI-B, may be deemed to have sole voting and investment power over such shares.
- F3Shares are owned directly by a limited partnership controlled by Alexandre Balkanski.
- F4Shares are owned directly by Alexandre Balkanski's family trust.
- F5Shares are owned directly by Matthew R. Cohler's family trust.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.84 to $22.58, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 6 to this Form 4.
- F7Shares are owned directly by a limited partnership controlled by Bruce W. Dunlevie.
- F8Shares are owned directly Bruce W. Dunlevie's family trust.
- F9Shares are owned directly by limited partnerships controlled by J. William Gurley.
Remarks
Alexandre Balkanski, Matthew R.Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert Kagle, Mitchell H. Lasky and Steven M. Spurlock are the managing members of BCMC VI, which serves as general partner to BCP VI, BFF VI and BFF VI-B, and may be deemed to share voting and investment power over the shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities). *This report is one of three reports, each on a separate Form 4, but relating to the same transaction being filed by entities affiliated with Benchmark Capital and their applicable member*.