Velchamy Sankarlingam - Jun 9, 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jun 9, 2023
Transactions value $
-$140,524
Form type
4
Date filed
6/13/2023, 05:47 PM
Previous filing
Apr 11, 2023
Next filing
Sep 6, 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 +4.22K +11.54% $0.00 40.8K Jun 9, 2023 Direct
transaction ZM Class A Common Stock Tax liability -$141K -2.09K -5.13% $67.14 38.7K Jun 9, 2023 Direct F1
holding ZM Class A Common Stock 2K Jun 9, 2023 By Ashwini Velchamy
holding ZM Class A Common Stock 36.1K Jun 9, 2023 Velchamy Family Trust
holding ZM Class A Common Stock 2K Jun 9, 2023 By Janani Velchamy
holding ZM Class A Common Stock 2K Jun 9, 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 -4.22K -7.14% $0.00 54.9K Jun 9, 2023 Class A Common Stock 4.22K Direct F2, F3
holding ZM Restricted Stock Units 10.4K Jun 9, 2023 Class A Common Stock 10.4K Direct F2, F4
holding ZM Restricted Stock Units 91.7K Jun 9, 2023 Class A Common Stock 91.7K Direct F2, F5
holding ZM Restricted Stock Units 31.6K Jun 9, 2023 Class A Common Stock 31.6K Direct F2, F6
holding ZM Restricted Stock Units 33.7K Jun 9, 2023 Class A Common Stock 33.7K Direct F2, F7
* 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 6, 2023, 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 6, 2023, which will vest in equal quarterly installments over one year.
F6 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.
F7 The Reporting Person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.