4//SEC Filing
Frandsen Michael Lyle 4
Accession 0001463172-22-000345
CIK 0001463172other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 8:33 PM ET
Size
7.6 KB
Accession
0001463172-22-000345
Insider Transaction Report
Form 4
Frandsen Michael Lyle
Director
Transactions
- Disposition to Issuer
Common Stock
2022-11-22−15,445→ 0 total - Disposition to Issuer
Restricted Stock Unit
2022-11-22$77.50/sh−2,988$231,570→ 0 totalFrom: 2023-08-17Exp: 2029-08-17→ Common Stock (2,988 underlying)
Footnotes (2)
- [F1]The shares of Company common stock were disposed of pursuant to the Agreement and Plan of Merger, dated as of June 24, 2022 (the "Merger Agreement"), by and among the Company, Zoro BidCo, Inc., a Delaware corporation, and Zoro Merger Sub, Inc., a Delaware corporation, whereby at the effective time of the merger contemplated therein (the "Effective Time"), each share of Company common stock issued and outstanding immediately prior to the Effective Time, subject to certain exceptions as provided in the Merger Agreement, was converted into the right to receive $77.50 in cash, without interest (the "Merger Consideration"), subject to any required tax withholding as provided in the Merger Agreement.
- [F2]At the Effective Time, each restricted stock unit award was canceled and converted, in accordance with the terms of the Merger Agreement, into the right to receive a cash payment equal to the product of (x) the number of shares of Company Common Stock subject to such award as of immediately prior to the Effective Time multiplied by (y) the Merger Consideration.
Documents
Issuer
Zendesk, Inc.
CIK 0001463172
Entity typeother
Related Parties
1- filerCIK 0001603884
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 8:33 PM ET
- Size
- 7.6 KB