Velchamy Sankarlingam - 08 Oct 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Oct 2021
Net transactions value
-$1,814,450
Form type
4
Filing time
12 Oct 2021, 19:17:00 UTC
Previous filing
12 Jul 2021
Next filing
11 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +6,327 +192% $0.000000 9,617 08 Oct 2021 Direct
transaction ZM Class A Common Stock Tax liability $1,213,544 -3,188 -33% $380.66* 6,429 08 Oct 2021 Direct F1
transaction ZM Class A Common Stock Sale $600,906 -2,354 -37% $255.27 4,075 12 Oct 2021 Direct F2
holding ZM Class A Common Stock 36,060 08 Oct 2021 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 08 Oct 2021 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 08 Oct 2021 By Janani Velchamy
holding ZM Class A Common Stock 2,000 08 Oct 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 -6,327 -8.3% $0.000000 69,603 08 Oct 2021 Class A Common Stock 6,327 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4 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.