Velchamy Sankarlingam - Dec 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
Dec 9, 2022
Transactions value $
-$151,533
Form type
4
Date filed
12/13/2022, 07:07 PM
Previous filing
Oct 11, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +4.22K +26.61% $0.00 20.1K Dec 9, 2022 Direct
transaction ZM Class A Common Stock Tax liability -$152K -2.14K -10.64% $70.91 18K Dec 9, 2022 Direct F1
holding ZM Class A Common Stock 36.1K Dec 9, 2022 Velchamy Family Trust
holding ZM Class A Common Stock 2K Dec 9, 2022 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Dec 9, 2022 By Janani Velchamy
holding ZM Class A Common Stock 2K Dec 9, 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 -4.22K -6.25% $0.00 63.4K Dec 9, 2022 Class A Common Stock 4.22K Direct F2, F3
holding ZM Restricted Stock Units 50.6K Dec 9, 2022 Class A Common Stock 50.6K Direct F2, F4
holding ZM Restricted Stock Units 44.3K Dec 9, 2022 Class A Common Stock 44.3K Direct F2, F5
holding ZM Restricted Stock Units 6.32K Dec 9, 2022 Class A Common Stock 6.32K Direct F2, F6
* 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 on September 9, 2022, which will vest in equal quarterly installments over four years.
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.
F6 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.