SEC Form 4 · accession 0001463172-18-000036

Zendesk, Inc. · ZEN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Adrian McDermott

Officer — President of Products

Period of report

Mar 15, 2018

Accepted (ET)

Mar 16, 2018 · 7:54 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
Common Stock^F1	Mar 15, 2018	M	2,604	—	A	84,069	D
Common Stock^F2	Mar 15, 2018	F	1,292	$48.73	D	82,777	D
Common Stock^F1	Mar 15, 2018	M	226	—	A	83,003	D
Common Stock^F2	Mar 15, 2018	F	113	$48.73	D	82,890	D
Common Stock^F1	Mar 15, 2018	M	234	—	A	83,124	D
Common Stock^F2	Mar 15, 2018	F	117	$48.73	D	83,007	D
Common Stock^F1	Mar 15, 2018	M	458	—	A	83,465	D
Common Stock^F2	Mar 15, 2018	F	228	$48.73	D	83,237	D
Common Stock^F1	Mar 15, 2018	M	75	—	A	83,312	D
Common Stock^F2	Mar 15, 2018	F	38	$48.73	D	83,274	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 Unit^F1,F3	—	Mar 15, 2018	M	2,604	D	—	Feb 5, 2022	Common Stock	2,604	28,648	D
Restricted Stock Unit^F1,F4	—	Mar 15, 2018	M	226	D	—	May 6, 2023	Common Stock	226	5,878	D
Restricted Stock Unit^F1,F5	—	Mar 15, 2018	M	234	D	—	May 9, 2024	Common Stock	234	8,867	D
Restricted Stock Unit^F1,F6	—	Mar 15, 2018	M	458	D	—	Feb 8, 2025	Common Stock	458	21,084	D
Restricted Stock Unit^F1,F7	—	Mar 15, 2018	M	75	D	—	Feb 8, 2025	Common Stock	75	751	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 unit 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.
F51/48th 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.
F61/48th 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.
F71/12th 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.