Aparna Bawa - Jul 8, 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Chief Operating Officer
Signature
/s/ Aparna Bawa
Stock symbol
ZM
Transactions as of
Jul 8, 2022
Transactions value $
$0
Form type
4
Date filed
7/8/2022, 07:47 PM
Previous filing
Jun 30, 2022
Next filing
Jul 14, 2022

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 +191K $0.00 191K Jul 8, 2022 Class A Common Stock 191K Direct F1, F2
holding ZM Restricted Stock Units 6.32K Jul 8, 2022 Class A Common Stock 6.32K Direct F1, F3
holding ZM Restricted Stock Units 35.8K Jul 8, 2022 Class A Common Stock 35.8K Direct F1, F4
holding ZM Restricted Stock Units 15.4K Jul 8, 2022 Class A Common Stock 15.4K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F2 The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
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 On July 23, 2020, the Compensation Committee approved an award of restricted stock units to be granted to the Reporting Person, effective September 4, 2020 (the "RSU"). The number of shares of the Issuer's Class A Common Stock issuable under the RSU was determined by dividing $7,000,000 by the average closing price of the Issuer's Class A Common Stock over the sixty (60) day trading period ending seven days prior to the September 4, 2020 grant date and rounding up to the nearest whole share. The RSU vests as to 1/4th of the shares subject to the RSU on the one-year anniversary of the grant date, with1/12 of the remaining shares vesting in equal quarterly installments over the next three years subject to the Reporting Person's continuous service as of such vesting dates. The RSU is 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.