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

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
10 Dec 2021
Net transactions value
-$2,111,636
Form type
4
Filing time
14 Dec 2021, 18:24:25 UTC
Previous filing
17 Sep 2021
Next filing
21 Dec 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 +21,875 +61% $0.000000 58,008 10 Dec 2021 Direct
transaction ZM Class A Common Stock Tax liability $2,111,636 -11,216 -19% $188.27 46,792 10 Dec 2021 Direct F1

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 -21,875 -12% $0.000000 153,125 10 Dec 2021 Class A Common Stock 21,875 Direct F2, F3
holding ZM Restricted Stock Units 225 10 Dec 2021 Class A Common Stock 225 Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F3 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 of employment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.
F4 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.