Velchamy Sankarlingam - 09 Mar 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Mar 2023
Net transactions value
-$143,986
Form type
4
Filing time
13 Mar 2023, 17:09:48 UTC
Previous filing
10 Jan 2023
Next filing
10 Apr 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 +4,223 +17% $0.000000 28,618 09 Mar 2023 Direct
transaction ZM Class A Common Stock Tax liability $143,986 -2,182 -7.6% $65.99 26,436 09 Mar 2023 Direct F1
holding ZM Class A Common Stock 36,060 09 Mar 2023 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 09 Mar 2023 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 09 Mar 2023 By Janani Velchamy
holding ZM Class A Common Stock 2,000 09 Mar 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 -4,223 -6.7% $0.000000 59,129 09 Mar 2023 Class A Common Stock 4,223 Direct F2, F3
holding ZM Restricted Stock Units 42,136 09 Mar 2023 Class A Common Stock 42,136 Direct F2, F4
holding ZM Restricted Stock Units 37,965 09 Mar 2023 Class A Common Stock 37,965 Direct F2, F5
holding ZM Restricted Stock Units 6,315 09 Mar 2023 Class A Common Stock 6,315 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.