Gregory Tomb - Jan 9, 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
President
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jan 9, 2023
Transactions value $
-$673,393
Form type
4
Date filed
1/11/2023, 04:01 PM
Previous filing
Dec 29, 2022
Next filing
Jun 16, 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 +14.4K +60.41% $0.00 38.2K Jan 9, 2023 Direct
transaction ZM Class A Common Stock Tax liability -$333K -4.78K -12.52% $69.54 33.4K Jan 9, 2023 Direct F1
transaction ZM Class A Common Stock Sale -$341K -4.8K -14.37% $70.98 28.6K Jan 11, 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 -14.4K -3.57% $0.00 388K Jan 9, 2023 Class A Common Stock 14.4K Direct F3, F4
* 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 June 9th 2022, 1/32 of which will vest on each regular quarterly vest date over a four year period, commencing on the vesting commencement date. A "Regular Quarterly Vest Date" occurs on (i) the date that is every three months following the Vesting Commencement Date, on the day of the calendar month that corresponds with the Vesting Commencement Date and (ii) the 9th calendar day of the third month of each of Zoom's fiscal quarters.