Velchamy Sankarlingam - Jul 8, 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jul 8, 2021
Transactions value $
-$8,459,887
Form type
4
Date filed
7/12/2021, 06:37 PM
Next filing
Oct 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +25.3K +22398.23% $0.00 25.4K Jul 8, 2021 Direct F1
transaction ZM Class A Common Stock Tax liability -$4.8M -12.6K -49.57% $380.66* 12.8K Jul 8, 2021 Direct F2
transaction ZM Class A Common Stock Sale -$49.2K -130 -1.01% $378.51* 12.7K Jul 12, 2021 Direct F3, F4
transaction ZM Class A Common Stock Sale -$221K -581 -4.58% $379.80* 12.1K Jul 12, 2021 Direct F3, F5
transaction ZM Class A Common Stock Sale -$457K -1.2K -9.91% $380.73* 10.9K Jul 12, 2021 Direct F3, F6
transaction ZM Class A Common Stock Sale -$382K -1K -9.17% $381.83* 9.91K Jul 12, 2021 Direct F3, F7
transaction ZM Class A Common Stock Sale -$345K -900 -9.08% $382.99* 9.01K Jul 12, 2021 Direct F3, F8
transaction ZM Class A Common Stock Sale -$461K -1.2K -13.32% $384.07* 7.81K Jul 12, 2021 Direct F3, F9
transaction ZM Class A Common Stock Sale -$678K -1.76K -22.54% $385.38* 6.05K Jul 12, 2021 Direct F3, F10
transaction ZM Class A Common Stock Sale -$449K -1.16K -19.17% $386.86* 4.89K Jul 12, 2021 Direct F3, F11
transaction ZM Class A Common Stock Sale -$388K -1K -20.45% $387.72* 3.89K Jul 12, 2021 Direct F3, F12
transaction ZM Class A Common Stock Sale -$117K -300 -7.71% $389.29* 3.59K Jul 12, 2021 Direct F3, F13
transaction ZM Class A Common Stock Sale -$117K -300 -8.36% $390.41* 3.29K Jul 12, 2021 Direct F3, F14
holding ZM Class A Common Stock 36.1K Jul 8, 2021 Velchamy Family Trust
holding ZM Class A Common Stock 2K Jul 8, 2021 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Jul 8, 2021 By Janani Velchamy
holding ZM Class A Common Stock 2K Jul 8, 2021 By Harshini Velchamy

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZM Restricted Stock Units Options Exercise $0 -25.3K -25% $0.00 75.9K Jul 8, 2021 Class A Common Stock 25.3K Direct F15, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 113 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 June 11, 2021.
F2 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.18 to $378.97. 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.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.22 to $380.21. 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.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.26 to $381.25. 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.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.34 to $382.30. 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.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.62 to $383.51. 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.
F9 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.75 to $384.42. 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.
F10 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $384.85 to $385.83. 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.
F11 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $386.27 to $387.25. 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.
F12 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $387.27 to $388.24. 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.
F13 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $388.87 to $389.67. 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.
F14 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.88 to $390.72. 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.
F15 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F16 The Reporting Person received an award of restricted stock units, 1/4 of which will vest on July 8, 2021 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting 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 termination of employment by the Reporting Person under certain circumstances in connection with a change in control of the Issuer.