SEC Form 4 · accession 0001727790-18-000013
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 8, 2018
Accepted (ET)
Feb 12, 2018 · 9:46 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 9, 2018 | M | 5,000 | $6.24 | A | 17,193 | D | |
| Common StockF2 | Feb 9, 2018 | S | 3,200 | $38.53 | D | 13,993 | D | |
| Common StockF3 | Feb 9, 2018 | S | 1,800 | $39.03 | D | 12,193 | 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)F4 | $38.50 | Feb 8, 2018 | A | 37,000 | A | — | Feb 8, 2028 | Common Stock | 37,000 | 37,000 | D |
| Restricted Stock UnitF5,F6 | — | Feb 8, 2018 | A | 18,500 | A | — | Feb 8, 2025 | Common Stock | 18,500 | 18,500 | D |
| Restricted Stock UnitF5,F7 | — | Feb 8, 2018 | A | 900 | A | — | Feb 8, 2025 | Common Stock | 900 | 900 | D |
| Stock Option (Right to Buy)F1,F8 | $6.24 | Feb 9, 2018 | M | 5,000 | D | — | May 3, 2023 | Common Stock | 5,000 | 6,666 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by John Geschke on February 16, 2017.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $37.87 to $38.85 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 $38.88 to $39.24 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.
- F41/48th of the shares subject to the option shall vest and become exercisable monthly after the vesting commencement date of February 8, 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.
- F5Restricted stock units convert into common stock on a one-for-one basis.
- 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.
- F8The option is early exercisable. 1/48th of the shares vest monthly after the vesting commencement date of April 23, 2013, subject to cliff vesting for all months prior to July 9, 2013 and 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.