SEC Form 4 · accession 0001463172-18-000006
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Geschke
Officer — CLO and SVP Administration
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 8:40 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 | Feb 13, 2018 | M | 5,000 | $9.52 | A | 17,193 | D | |
| Common StockF2 | Feb 13, 2018 | S | 2,300 | $40.6657 | D | 14,893 | D | |
| Common StockF3 | Feb 13, 2018 | S | 2,700 | $41.1565 | D | 12,193 | D | |
| Common StockF4 | Feb 15, 2018 | M | 235 | — | A | 12,428 | D | |
| Common StockF5 | Feb 15, 2018 | F | 82 | $42.60 | D | 12,346 | D | |
| Common StockF4 | Feb 15, 2018 | M | 196 | — | A | 12,542 | D | |
| Common StockF5 | Feb 15, 2018 | F | 68 | $42.60 | D | 12,474 | D | |
| Common StockF4 | Feb 15, 2018 | M | 200 | — | A | 12,674 | D | |
| Common StockF5 | Feb 15, 2018 | F | 70 | $42.60 | D | 12,604 | D | |
| Common StockF4 | Feb 15, 2018 | M | 385 | — | A | 12,989 | D | |
| Common StockF5 | Feb 15, 2018 | F | 134 | $42.60 | D | 12,855 | D | |
| Common StockF4 | Feb 15, 2018 | M | 74 | — | A | 12,929 | D | |
| Common StockF5 | Feb 15, 2018 | F | 26 | $42.60 | D | 12,903 | D |
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)F6 | $9.52 | Feb 13, 2018 | M | 5,000 | D | — | Feb 13, 2024 | Common Stock | 5,000 | 75,000 | D |
| Restricted Stock UnitF4,F7 | — | Feb 15, 2018 | M | 235 | D | — | Feb 5, 2022 | Common Stock | 235 | 2,826 | D |
| Restricted Stock UnitF4,F8 | — | Feb 15, 2018 | M | 196 | D | — | May 6, 2023 | Common Stock | 196 | 5,288 | D |
| Restricted Stock UnitF4,F9 | — | Feb 15, 2018 | M | 200 | D | — | May 9, 2024 | Common Stock | 200 | 7,801 | D |
| Restricted Stock UnitF4,F10 | — | Feb 15, 2018 | M | 385 | D | — | Feb 8, 2025 | Common Stock | 385 | 18,115 | D |
| Restricted Stock UnitF4,F11 | — | Feb 15, 2018 | M | 74 | D | — | Feb 8, 2025 | Common Stock | 74 | 826 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by John Geschke on February 16, 2017.
- F101/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2018, 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.
- F111/12th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2018, 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.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $39.97 to $40.95 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $40.97 to $41.31 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F4Restricted stock units convert into common stock on a one-for-one basis.
- F5Represents 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.
- F6The option is early exercisable. 1/60th of the shares vest monthly after the vesting commencement date of 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.
- F71/48th 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.
- F81/48th 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.
- F91/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of May 15, 2017, 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.