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

Role
Chief Operating Officer
Signature
/s/ Aparna Bawa
Issuer symbol
ZM
Transactions as of
06 Apr 2023
Net transactions value
$0
Form type
4
Filing time
10 Apr 2023, 20:30:13 UTC
Previous filing
06 Apr 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 +34,306 $0.000000 34,306 06 Apr 2023 Class A Common Stock 34,306 Direct F1, F3
holding ZM Restricted Stock Units 6,315 06 Apr 2023 Class A Common Stock 6,315 Direct F1, F4
holding ZM Restricted Stock Units 22,346 06 Apr 2023 Class A Common Stock 22,346 Direct F1, F5
holding ZM Restricted Stock Units 167,481 06 Apr 2023 Class A Common Stock 167,481 Direct F1, F6
holding ZM Restricted Stock Units 10,263 06 Apr 2023 Class A Common Stock 10,263 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 on April 8, 2022, 100% of which will vest on the first anniversary date of the grant.
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 July 8, 2022, which will vest in equal quarterly installments over four years.
F7 On July 23, 2020, the Compensation Committee approved an award of restricted stock units to be granted to the Reporting Person, effective September 4, 2020 (the "RSU"). The number of shares of the Issuer's Class A Common Stock issuable under the RSU was determined by dividing $7,000,000 by the average closing price of the Issuer's Class A Common Stock over the sixty (60) day trading period ending seven days prior to the September 4, 2020 grant date and rounding up to the nearest whole share. The RSU vests as to 1/4th of the shares subject to the RSU on the one-year anniversary of the grant date, with1/12 of the remaining shares vesting in equal quarterly installments over the next three years subject to the Reporting Person's continuous service as of such vesting dates. The RSU is 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.