Velchamy Sankarlingam - 08 Jan 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Jan 2023
Net transactions value
-$579,662
Form type
4
Filing time
10 Jan 2023, 16:39:46 UTC
Previous filing
13 Dec 2022
Next filing
13 Mar 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 +14,755 +82% $0.000000 32,710 08 Jan 2023 Direct
transaction ZM Class A Common Stock Tax liability $371,529 -5,322 -16% $69.81 27,388 08 Jan 2023 Direct F1
transaction ZM Class A Common Stock Sale $208,133 -2,993 -11% $69.54 24,395 10 Jan 2023 Direct F2
holding ZM Class A Common Stock 36,060 08 Jan 2023 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 08 Jan 2023 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 08 Jan 2023 By Janani Velchamy
holding ZM Class A Common Stock 2,000 08 Jan 2023 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 -8,427 -17% $0.000000 42,136 08 Jan 2023 Class A Common Stock 8,427 Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -6,328 -14% $0.000000 37,965 08 Jan 2023 Class A Common Stock 6,328 Direct F3, F5
holding ZM Restricted Stock Units 6,315 08 Jan 2023 Class A Common Stock 6,315 Direct F3, F6
holding ZM Restricted Stock Units 63,352 08 Jan 2023 Class A Common Stock 63,352 Direct F3, F7
* 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 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 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.
F7 The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.