Velchamy Sankarlingam - Sep 9, 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
Sep 9, 2022
Transactions value $
$0
Form type
4
Date filed
9/13/2022, 07:36 PM
Previous filing
Jul 12, 2022
Next filing
Oct 11, 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 +67.6K $0.00 67.6K Sep 9, 2022 Class A Common Stock 67.6K Direct F1, F5
holding ZM Restricted Stock Units 6.32K Sep 9, 2022 Class A Common Stock 6.32K Direct F1, F2
holding ZM Restricted Stock Units 59K Sep 9, 2022 Class A Common Stock 59K Direct F1, F3
holding ZM Restricted Stock Units 50.6K Sep 9, 2022 Class A Common Stock 50.6K Direct F1, F4
* 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 April 8, 2022, 100% of which will vest on the first anniversary date of the grant.
F3 The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.
F4 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.
F5 The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.