Velchamy Sankarlingam - 06 Apr 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
06 Apr 2023
Net transactions value
$0
Form type
4
Filing time
10 Apr 2023, 20:29:59 UTC
Previous filing
13 Mar 2023
Next filing
11 Apr 2023
SEC
View on sec.gov

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 Award $0 +10,388 $0.000000 10,388 06 Apr 2023 Class A Common Stock 10,388 Direct F1, F2
transaction ZM Restricted Stock Units Award $0 +91,664 $0.000000 91,664 06 Apr 2023 Class A Common Stock 91,664 Direct F1, F3
holding ZM Restricted Stock Units 37,965 06 Apr 2023 Class A Common Stock 37,965 Direct F1, F4
holding ZM Restricted Stock Units 42,136 06 Apr 2023 Class A Common Stock 42,136 Direct F1, F5
holding ZM Restricted Stock Units 6,315 06 Apr 2023 Class A Common Stock 6,315 Direct F1, F6
holding ZM Restricted Stock Units 59,129 06 Apr 2023 Class A Common Stock 59,129 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F2 The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant.
F3 The Reporting Person received an award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year.
F4 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.
F5 The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.
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.