Curtis Michael John 4
4 · Zendesk, Inc. · Filed Nov 8, 2022
Insider Transaction Report
Form 4
Curtis Michael John
Director
Transactions
- Exercise/Conversion
Common Stock
2022-11-04+1,859→ 19,188 total - Exercise/Conversion
Restricted Stock Unit
2022-11-04−1,859→ 3,718 totalExp: 2029-02-28→ Common Stock (1,859 underlying) - Tax Payment
Common Stock
2022-11-04$76.31/sh−922$70,358→ 18,266 total
Footnotes (4)
- [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]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.
- [F4]Shares issuable pursuant to restricted stock units (RSUs) originally scheduled to vest on November 15, 2022, but which vesting was accelerated to November 4, 2022, in order to facilitate the settlement of taxes due upon vesting of such RSUs, in advance of the closing of the acquisition of the Issuer by an investor group led by Permira Advisers LLC and Hellman & Friedman LLC.