Ryan Azus - 10 Jun 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Jun 2021, 18:37:20 UTC
Prior SEC filing
10 Jun 2021
Next SEC filing
17 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Aparna Bawa, Attorney-in-Fact

Key filing fact

Ryan Azus filed Form 4 for Zoom Video Communications, Inc. (ZM) on 14 Jun 2021.

Key facts

  • This page summarizes Ryan Azus's Form 4 filing for Zoom Video Communications, Inc. (ZM).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 14 Jun 2021, 18:37.

Change

  • Previous filing in this sequence was filed on 10 Jun 2021.
  • Current net transaction value: -$4,817,650.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZM transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+21,875
Change %
+61%
Price
$0.000000
Shares after
57,451
Date
10 Jun 2021
Ownership
Direct
ZM transaction

Class A Common Stock

Tax liability

Transaction value
$3,644,001
Shares
-10,496
Change %
-18%
Price
$347.18*
Shares after
46,955
Date
10 Jun 2021
Ownership
Direct
Footnotes
F1
ZM transaction

Class A Common Stock

Sale

Transaction value
$1,173,649
Shares
-3,350
Change %
-7.1%
Price
$350.34*
Shares after
43,999
Date
11 Jun 2021
Ownership
Direct
Footnotes
F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-21,875
Change %
-10%
Price
$0.000000
Shares after
196,875
Date
10 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
21,875
Exercise price
Footnotes
F5, F6
ZM holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
225
Date
10 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
225
Exercise price
Footnotes
F5, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

Footnote F2

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Footnote F3

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.15 to $350.56. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Footnote F4

Includes 394 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on December 13, 2019.

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

Footnote F6

The reporting person received an award of restricted stock units, 1/4 of which will vest on September 10, 2020 and the remaining units will vest in equal quarterly installments thereafter, subject to theReporting Person's Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of a termination ofemployment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.

Footnote F7

The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.

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