Velchamy Sankarlingam - Jan 8, 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jan 8, 2022
Transactions value $
-$911,010
Form type
4
Date filed
1/11/2022, 06:36 PM
Previous filing
Oct 12, 2021
Next filing
Apr 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +6.33K +154.76% $0.00 10.4K Jan 8, 2022 Direct F1
transaction ZM Class A Common Stock Tax liability -$397K -2.35K -22.53% $169.33 8.07K Jan 8, 2022 Direct F2
transaction ZM Class A Common Stock Sale -$514K -2.99K -37% $172.00 5.08K Jan 10, 2022 Direct F3
holding ZM Class A Common Stock 36.1K Jan 8, 2022 Velchamy Family Trust
holding ZM Class A Common Stock 2K Jan 8, 2022 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Jan 8, 2022 By Janani Velchamy
holding ZM Class A Common Stock 2K Jan 8, 2022 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 -6.33K -9.09% $0.00 63.3K Jan 8, 2022 Class A Common Stock 6.33K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 14 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 June 14, 2021 to December 10, 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 10, 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 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F5 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.