Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. 2)*
Zendesk, Inc. |
(Name of Issuer) |
Common Stock |
(Title of Class of Securities) |
98936J101 |
(CUSIP Number) |
December 31, 2016 |
(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ | Rule 13d-1(b) |
¨ | Rule 13d-1(c) |
x | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on following pages)
Page 1 of 20 Pages
Exhibit Index Contained on Page 19
CUSIP NO. 98936J101 | 13 G | Page 2 of 20 |
1 | NAME OF REPORTING PERSON Benchmark Capital Partners VI, L.P. (“BCP VI”) |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 shares. |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 0 shares. | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
0 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
0.0% |
12 | TYPE OF REPORTING PERSON |
PN |
CUSIP NO. 98936J101 | 13 G | Page 3 of 20 |
1 | NAME OF REPORTING PERSON Benchmark Founders’ Fund VI, L.P. (“BFF VI”) |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 shares. |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 0 shares. | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
0 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
0.0% |
12 | TYPE OF REPORTING PERSON |
PN |
CUSIP NO. 98936J101 | 13 G | Page 4 of 20 |
1 | NAME OF REPORTING PERSON Benchmark Founders’ Fund VI-B, L.P. (“BFF VI-B”) |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 shares. |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 0 shares. | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
0 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.0% |
12 |
TYPE OF REPORTING PERSON
|
PN |
CUSIP NO. 98936J101 | 13 G | Page 5 of 20 |
1 | NAME OF REPORTING PERSON Benchmark Capital Management Co. VI, L.L.C. |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 shares. |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 0 shares. | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
0 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.0% |
12 |
TYPE OF REPORTING PERSON
|
OO |
CUSIP NO. 98936J101 | 13 G | Page 6 of 20 |
1 | NAME OF REPORTING PERSON Alexandre Balkanski |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 170,505 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 170,505 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
170,505 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.2% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 7 of 20 |
1 | NAME OF REPORTING PERSON Matthew R. Cohler |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 191,683 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 191,683 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
191,683 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.2% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 8 of 20 |
1 | NAME OF REPORTING PERSON Bruce W. Dunlevie |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 178,002 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 178,002 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
178,002 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.2% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 9 of 20 |
1 | NAME OF REPORTING PERSON Peter Fenton |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 446,556 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 446,556 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
446,556 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.5% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 10 of 20 |
1 | NAME OF REPORTING PERSON J. William Gurley |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 53,214 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 53,214 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
53,214 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.1% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 11 of 20 |
1 | NAME OF REPORTING PERSON Kevin R. Harvey |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 187,466 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 187,466 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
187,466 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.2% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 12 of 20 |
1 | NAME OF REPORTING PERSON Robert C. Kagle |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 198,163 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 198,163 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
198,163 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.2% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 13 of 20 |
1 | NAME OF REPORTING PERSON Mitchell H. Lasky |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 60,404 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 60,404 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
60,404 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.1% |
12 |
TYPE OF REPORTING PERSON
|
IN |
CUSIP NO. 98936J101 | 13 G | Page 14 of 20 |
1 | NAME OF REPORTING PERSON Steven M. Spurlock |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | SEC USE ONLY |
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 17,513 shares |
6 |
SHARED VOTING POWER 0 shares. | |
7 |
SOLE DISPOSITIVE POWER 17,513 shares | |
8 |
SHARED DISPOSITIVE POWER 0 shares. |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
17,513 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
¨ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
0.0% |
12 | TYPE OF REPORTING PERSON |
IN |
CUSIP NO. 98936J101 | 13 G | Page 15 of 20 |
This Amendment No. 2 amends and restates in its entirety the Schedule 13G previously filed by Benchmark Capital Partners VI, L.P., a Delaware limited partnership (“BCP VI”), Benchmark Founders’ Fund VI, L.P., a Delaware limited partnership (“BFF VI”), Benchmark Founders’ Fund VI-B, L.P., a Delaware limited partnership (“BFF VI-B”), Benchmark Capital Management Co. VI, L.L.C., a Delaware limited liability company (“BCMC VI”), and Alexandre Balkanski (“Balkanski”), Matthew R. Cohler (“Cohler”), Bruce W. Dunlevie (“Dunlevie”), Peter Fenton (“Fenton”), J. William Gurley (“Gurley”), Kevin R. Harvey (“Harvey”), Robert C. Kagle (“Kagle”), Mitchell H. Lasky (“Lasky”) and Steven M. Spurlock (“Spurlock”) (together with all prior and current amendments thereto, this “Schedule 13G”).
ITEM 1(A). | NAME OF ISSUER |
Zendesk, Inc.
ITEM 1(B). | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES |
1019 Market Street
San Francisco, California 94103
ITEM 2(A). | NAME OF PERSONS FILING |
This Statement is filed by BCP VI, BFF VI, BFF VI-B, BCMC VI, Balkanski, Cohler, Dunlevie, Fenton, Gurley, Harvey, Kagle, Lasky and Spurlock. The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”
BCMC VI, the general partner of BCP VI, BFF VI and BFF VI-B, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by BCP VI, BFF VI and BFF VI-B. Balkanski, Cohler, Dunlevie, Fenton, Gurley, Harvey, Kagle, Lasky and Spurlock are members of BCMC VI and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by BCP VI, BFF VI and BFF VI-B.
ITEM 2(B). | ADDRESS OF PRINCIPAL BUSINESS OFFICE |
The address for each reporting person is:
Benchmark Capital
2965 Woodside Road
Woodside, California 94062
ITEM 2(C). | CITIZENSHIP |
BCP VI, BFF VI and BFF VI-B are Delaware limited partnerships. BCMC VI is a Delaware limited liability company. Balkanski, Cohler, Dunlevie, Fenton, Gurley, Harvey, Kagle, Lasky and Spurlock are United States Citizens.
ITEM 2(D) and (E). | TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER |
Common Stock
CUSIP # 98936J101
ITEM 3. | Not Applicable. |
ITEM 4. | OWNERSHIP |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
CUSIP NO. 98936J101 | 13 G | Page 16 of 20 |
The following information with respect to the ownership of the Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 2016 (based on 95,338,742 shares of Common Stock of the issuer outstanding as of October 31, 2016 as reported by the issuer on Form 10-Q for the period ended September 30, 2016 and filed with the Securities and Exchange Commission on November 3, 2016).
(a) | Amount beneficially owned: |
See Row 9 of cover page for each Reporting Person.
(b) | Percent of Class: |
See Row 11 of cover page for each Reporting Person.
(c) | Number of shares as to which such person has: |
(i) | Sole power to vote or to direct the vote: |
See Row 5 of cover page for each Reporting Person.
(ii) | Shared power to vote or to direct the vote: |
See Row 6 of cover page for each Reporting Person.
(iii) | Sole power to dispose or to direct the disposition of: |
See Row 7 of cover page for each Reporting Person.
(iv) | Shared power to dispose or to direct the disposition of: |
See Row 8 of cover page for each Reporting Person.
ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x Yes
ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
Under certain circumstances set forth in the limited partnership agreements of BCP VI, BFF VI and BFF VI-B, and the limited liability company agreement of BCMC VI, the general and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner or member, as the case may be.
ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY |
Not applicable.
ITEM 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not applicable.
ITEM 9. | NOTICE OF DISSOLUTION OF GROUP |
Not applicable.
CUSIP NO. 98936J101 | 13 G | Page 17 of 20 |
ITEM 10. | CERTIFICATION |
Not applicable.
CUSIP NO. 98936J101 | 13 G | Page 18 of 20 |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 10, 2017
BENCHMARK CAPITAL PARTNERS VI, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VI, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VI-B, L.P., a Delaware Limited Partnership | ||
BENCHMARK CAPITAL MANAGEMENT CO. VI, L.L.C., a Delaware Limited Liability Company | ||
By: | /s/ Steven M. Spurlock | |
Steven M. Spurlock | ||
Managing Member | ||
ALEXANDRE BALKANSKI | ||
MATTHEW R. COHLER | ||
BRUCE W. DUNLEVIE | ||
PETER FENTON | ||
J. WILLIAM GURLEY | ||
KEVIN R. HARVEY | ||
ROBERT C. KAGLE | ||
MITCHELL H. LASKY | ||
STEVEN M. SPURLOCK | ||
By: | /s/ Steven M. Spurlock | |
Steven M. Spurlock | ||
Attorney-in-Fact |
CUSIP NO. 98936J101 | 13 G | Page 19 of 20 |
EXHIBIT INDEX
Found on Sequentially | ||
Exhibit | Numbered Page | |
Exhibit A: Agreement of Joint Filing | 20 |
CUSIP NO. 98936J101 | 13 G | Page 20 of 20 |
exhibit A
Agreement of Joint Filing
The Reporting Persons agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Zendesk, Inc. shall be filed on behalf of each Reporting Person. Note that copies of the applicable Agreement of Joint Filings are already on file with the appropriate agencies.