Velchamy Sankarlingam - 08 Apr 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Apr 2022
Net transactions value
-$610,666
Form type
4
Filing time
12 Apr 2022, 20:04:15 UTC
Previous filing
11 Jan 2022
Next filing
12 Jul 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 +6,327 +124% $0.000000 11,411 08 Apr 2022 Direct
transaction ZM Class A Common Stock Tax liability $358,693 -3,319 -29% $108.07 8,092 08 Apr 2022 Direct
transaction ZM Class A Common Stock Sale $251,973 -2,256 -28% $111.69 5,836 12 Apr 2022 Direct F1
holding ZM Class A Common Stock 36,060 08 Apr 2022 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 08 Apr 2022 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 08 Apr 2022 By Janani Velchamy
holding ZM Class A Common Stock 2,000 08 Apr 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 Award $0 +6,315 $0.000000 6,315 08 Apr 2022 Class A Common Stock 6,315 Direct F2, F3
transaction ZM Restricted Stock Units Award $0 +67,417 $0.000000 67,417 08 Apr 2022 Class A Common Stock 67,417 Direct F2, F4
transaction ZM Restricted Stock Units Options Exercise $0 -6,327 -10% $0.000000 56,948 08 Apr 2022 Class A Common Stock 6,327 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 on April 8, 2022, 100% of which will vest on the first anniversary date of the grant.
F4 The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.
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.