SEC Form 4 · accession 0001209191-15-047218
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Cohler
10% Owner
Period of report
May 18, 2015
Accepted (ET)
May 27, 2015 · 6:10 pm EDT
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 StockF1,F2 | May 18, 2015 | S | 16,289 | $21.7474 | D | 65,157 | I | See footnote |
| Common StockF3,F2 | May 19, 2015 | S | 16,289 | $22.3937 | D | 48,868 | I | See footnote |
| Common StockF4,F2 | May 20, 2015 | S | 16,289 | $22.4989 | D | 32,579 | I | See footnote |
| Common StockF5,F2 | May 21, 2015 | S | 16,289 | $22.7124 | D | 16,290 | I | See footnote |
| Common StockF6,F2 | May 22, 2015 | S | 16,290 | $22.6703 | D | 0 | I | See footnote |
| Common StockF7 | holding | — | — | — | 8,771,173 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.41 to $22.14 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 to this Form 4
- F2Shares are owned directly by Matthew R. Cohler's family trust.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.06 to $22.63 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 to this Form 4
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.80 to $22.685 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 to this Form 4
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.55 to $22.81 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 to this Form 4
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.51 to $22.83 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 to this Form 4
- F7Shares held of record by Benchmark Capital Partners VI, L.P. ("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.
Remarks
Matt Cohler is a managing member 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. Such person and such entities disclaim the existence of a "group" and disclaim beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).