Shane Crehan - Jan 5, 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jan 5, 2023
Transactions value $
-$124,617
Form type
4
Date filed
1/9/2023, 05:45 PM
Previous filing
Oct 7, 2022
Next filing
Mar 13, 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 +4.86K +116.54% $0.00 9.03K Jan 5, 2023 Direct F1
transaction ZM Class A Common Stock Tax liability -$125K -1.89K -20.91% $65.97 7.14K Jan 5, 2023 Direct F2

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 -691 -12.51% $0.00 4.83K Jan 5, 2023 Class A Common Stock 691 Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -186 -12.5% $0.00 1.3K Jan 5, 2023 Class A Common Stock 186 Direct F3, F5
transaction ZM Restricted Stock Units Options Exercise $0 -3.98K -12.5% $0.00 27.9K Jan 5, 2023 Class A Common Stock 3.98K Direct F3, F6
holding ZM Restricted Stock Units 341 Jan 5, 2023 Class A Common Stock 341 Direct F3, F7
holding ZM Restricted Stock Units 1.05K Jan 5, 2023 Class A Common Stock 1.05K Direct F3, F8
holding ZM Restricted Stock Units 50 Jan 5, 2023 Class A Common Stock 50 Direct F3, F9
holding ZM Restricted Stock Units 29K Jan 5, 2023 Class A Common Stock 29K Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1 share of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 13, 2022 to December 12, 2022. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on December 12, 2022.
F2 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4 The Reporting Person received an award of restricted stock units, 1/4 of which will vest on October 5, 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 October 8, 2021, 1/12 of which vests on January 5, 2022 and the remaining units vesting in equal quarterly installments over the next 11 quarters subject to the Reporting Person's continuous service as of such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by theReporting 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 October 7, 2022, which will vest in equal quarterly installments over two years.
F7 The Reporting Person received an award of restricted stock units on October 7, 2022, 50% of which will vest on March 9, 2023 and 50% on September 9, 2023.
F8 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.
F9 The Reporting Person received an award of restricted stock units on September 9, 2021, 1/4 of which will vest every six months.
F10 The Reporting Person received an award of restricted stock units on September 9, 2022, 1/4 of which will vest on the anniversary date of the award. The remaining units will vest in equal quarterly installmentsthereafter.