Shane Crehan - Sep 12, 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Chief Accounting Officer
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Sep 12, 2023
Transactions value $
-$263,108
Form type
4
Date filed
9/14/2023, 06:03 PM
Previous filing
Sep 12, 2023
Next filing
Oct 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Sale -$263K -3.72K -100% $70.69 0 Sep 12, 2023 Direct F1

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 +14.4K $0.00 14.4K Sep 12, 2023 Class A Common Stock 14.4K Direct F2, F3
holding ZM Restricted Stock Units 3.46K Sep 12, 2023 Class A Common Stock 3.46K Direct F2, F4
holding ZM Restricted Stock Units 21.7K Sep 12, 2023 Class A Common Stock 21.7K Direct F2, F5
holding ZM Restricted Stock Units 3.45K Sep 12, 2023 Class A Common Stock 3.45K Direct F2, F6
holding ZM Restricted Stock Units 930 Sep 12, 2023 Class A Common Stock 930 Direct F2, F7
holding ZM Restricted Stock Units 19.9K Sep 12, 2023 Class A Common Stock 19.9K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 12, 2023, which will vest in equal quarterly installments over three 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 September 9, 2022, 1/4 of which will vest on the anniversary date of the award. The remaining units will vest in equal quarterlyinstallments thereafter.
F6 The Reporting Person received an award of restricted stock units, 1/4 of which will vest on October 5, 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 October 8, 2021, 1/12 of which vests on January 5, 2022 and the remaining units vesting in equal quarterly installments over the next 11 quarters subject to the Reporting Person's continuous service as of such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by theReporting Person under certain circumstances in connection with a change in control of the Issuer.
F8 The Reporting Person received an award of restricted stock units on October 7, 2022, which will vest in equal quarterly installments over two years.