SAN FRANCISCO--(BUSINESS WIRE)--
Zendesk, Inc. (NYSE:ZEN) today announced that pursuant to Section
303A.08 of the New York Stock Exchange Listed Company Manual, it has
granted employment inducement awards to Elena Gomez, Zendesk's new Chief
Financial Officer, Bryan Cox, Zendesk’s new Chief Revenue Officer, and
Tom Keiser, Zendesk’s new Chief Information Officer.
In connection with Ms. Gomez’s appointment as Zendesk’s new Chief
Financial Officer, Ms. Gomez was granted an option to purchase 210,000
shares of Zendesk common stock at an exercise price of $23.44 per share,
and an award of 140,000 restricted stock units, each unit representing
the right to acquire one share of Zendesk common stock.
In connection with Mr. Cox’s appointment as Zendesk’s Chief Revenue
Officer, Mr. Cox was granted an option to purchase 300,000 shares of
Zendesk common stock at an exercise price of $23.44 per share, and an
award of 200,000 restricted stock units, each unit representing the
right to acquire one share of Zendesk common stock.
In connection with Mr. Keiser’s appointment as Zendesk’s Chief
Information Officer, Mr. Keiser was granted an option to purchase
210,000 shares of Zendesk common stock at an exercise price of $23.44
per share, and an award of 140,000 restricted stock units, each unit
representing the right to acquire one share of Zendesk common stock.
The stock option awards described above will vest over a period of four
years, with 25% of the shares subject to the option vesting after one
year and the remainder vesting ratably monthly for 36 months thereafter,
subject to such grantee’s continued employment with Zendesk on the
applicable vesting date. The restricted stock unit awards described
above will vest over a period of four years, with 25% of the restricted
stock units vesting after one year, and the remainder vesting ratably
monthly for 36 months thereafter, subject to such grantee’s continued
employment with Zendesk on the applicable vesting date.
The awards were granted outside of Zendesk’s current
stockholder-approved stock option and incentive plans and were approved
by the Compensation Committee of Zendesk’s Board of Directors. The
awards are intended to qualify as “employment inducement awards” within
the meaning of Section 303A.08 of the New York Stock Exchange Listed
Company Manual. For further details regarding the equity compensation of
Ms. Gomez, Mr. Cox, and Mr. Keiser, please see Zendesk's Current Reports
on Form 8-K filed May 3, 2016 and May 6, 2016 with the Securities and
Exchange Commission.
About Zendesk
Zendesk provides a customer service platform designed to bring
organizations and their customers closer together. With more than 75,000
paid customer accounts, Zendesk’s products are used by organizations in
150 countries and territories to provide support in more than 40
languages. Founded in 2007 and headquartered in San Francisco, Zendesk
has operations in the United States, Europe, Asia, Australia and South
America. Learn more at www.zendesk.com.
Source: Zendesk, Inc.
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Source: Zendesk, Inc.