Ryan Azus - 10 Mar 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Chief Revenue Officer
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
10 Mar 2022
Net transactions value
-$1,048,561
Form type
4
Filing time
14 Mar 2022, 19:22:51 UTC
Previous filing
21 Dec 2021
Next filing
12 Apr 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 +21,875 +48% $0.000000 67,602 10 Mar 2022 Direct
transaction ZM Class A Common Stock Tax liability $1,048,561 -10,132 -15% $103.49 57,470 10 Mar 2022 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 -14% $0.000000 131,250 10 Mar 2022 Class A Common Stock 21,875 Direct F2, F3
holding ZM Restricted Stock Units 225 10 Mar 2022 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.