Velchamy Sankarlingam - 08 Apr 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Apr 2023
Net transactions value
-$750,674
Form type
4
Filing time
11 Apr 2023, 19:19:23 UTC
Previous filing
10 Apr 2023
Next filing
13 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 +21,069 +80% $0.000000 47,505 08 Apr 2023 Direct
transaction ZM Class A Common Stock Tax liability $750,674 -10,899 -23% $68.88 36,606 08 Apr 2023 Direct F1, F2
holding ZM Class A Common Stock 2,000 08 Apr 2023 By Ashwini Velchamy
holding ZM Class A Common Stock 36,060 08 Apr 2023 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 08 Apr 2023 By Janani Velchamy
holding ZM Class A Common Stock 2,000 08 Apr 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 -6,315 -100% $0.000000* 0 08 Apr 2023 Class A Common Stock 6,315 Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -6,327 -17% $0.000000 31,638 08 Apr 2023 Class A Common Stock 6,327 Direct F3, F5
transaction ZM Restricted Stock Units Options Exercise $0 -8,427 -20% $0.000000 33,709 08 Apr 2023 Class A Common Stock 8,427 Direct F3, F6
holding ZM Restricted Stock Units 10,388 08 Apr 2023 Class A Common Stock 10,388 Direct F3, F7
holding ZM Restricted Stock Units 91,664 08 Apr 2023 Class A Common Stock 91,664 Direct F3, F8
holding ZM Restricted Stock Units 59,129 08 Apr 2023 Class A Common Stock 59,129 Direct F3, F9
* 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.8703 to $68.8797. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
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 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, 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, which will vest in equal quarterly installments over two years.
F7 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.
F8 The Reporting Person received an award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year.
F9 The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.