4//SEC Filing
Curtis Michael John 4
Accession 0001463172-22-000185
CIK 0001463172other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 6:00 PM ET
Size
12.1 KB
Accession
0001463172-22-000185
Insider Transaction Report
Form 4
Curtis Michael John
Director
Transactions
- Exercise/Conversion
Common Stock
2022-06-15+1,859→ 14,581 total - Disposition to Issuer
Common Stock
2022-06-15$57.01/sh−66$3,763→ 13,581 total - Exercise/Conversion
Restricted Stock Unit
2022-06-15−1,859→ 13,014 totalExp: 2029-02-28→ Common Stock (1,859 underlying) - Tax Payment
Common Stock
2022-06-15$57.01/sh−934$53,247→ 13,647 total
Footnotes (5)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents 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.
- [F3]This amendment to the Amount of Securities Beneficially Owned is solely to correct the original Form 4 filed on February 17, 2022 (the "Original Form 4"). The Original Form 4 reported the issuance to the reporting person of 112 shares of common stock in respect of fully vested restricted stock units granted in lieu of retainer fees for services on the Issuer's Board of Directors and any committees thereof, of which 46 shares were reported as subsequently withheld by the Issuer to satisfy tax withholding obligations in respect of the vesting of the 112 shares of common stock. This grant of restricted stock units and issuance to the reporting person of these 112 shares of common stock was due to an administrative error, and should not have occurred. The Issuer has advised the reporting person that the February 17, 2022 transactions listed on the Original Form 4 were executed by the Issuer in error. (Continued in next footnote due to character limit)
- [F4](Continued from previous footnote) These transactions have been unwound by (a) the reporting person's broker by withholding from the 1,859 shares of common stock that were issued in connection with the vesting of the restricted stock units listed in Table II the 66 shares of common stock previously issued to the reporting person as reported on the Original Form 4, and returning those shares to the Issuer and (b) the reporting person's broker returning to the Issuer the 46 shares of common stock previously issued, and subsequently withheld in satisfaction of tax withholding obligations in connection with the vesting of the restricted stock units that were erroneously granted to the reporting person, all as reported on the Original Form 4. Therefore, we are reporting the corrected number of the shares identified as the Amount of Securities Beneficially Owned by the reporting person.
- [F5]1/12th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2022, 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.
Documents
Issuer
Zendesk, Inc.
CIK 0001463172
Entity typeother
Related Parties
1- filerCIK 0001775016
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 6:00 PM ET
- Size
- 12.1 KB