Gregory Tomb - 09 Jan 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
President
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Jan 2023
Net transactions value
-$673,393
Form type
4
Filing time
11 Jan 2023, 16:01:06 UTC
Previous filing
29 Dec 2022
Next filing
16 Jun 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 +14,384 +60% $0.000000 38,195 09 Jan 2023 Direct
transaction ZM Class A Common Stock Tax liability $332,618 -4,783 -13% $69.54 33,412 09 Jan 2023 Direct F1
transaction ZM Class A Common Stock Sale $340,775 -4,801 -14% $70.98 28,611 11 Jan 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 -14,384 -3.6% $0.000000 388,346 09 Jan 2023 Class A Common Stock 14,384 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.