| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZM | Class A Common Stock | Options Exercise | $0 | +68.5K | +83.54% | $0.00 | 150K | Oct 8, 2023 | See footnote | F1 |
| transaction | ZM | Class A Common Stock | Tax liability | -$2.22M | -34.7K | -23.1% | $63.97 | 116K | Oct 8, 2023 | See footnote | F1, F2, F3 |
| transaction | ZM | Class A Common Stock | Conversion of derivative security | $0 | +11.2K | $0.00 | 11.2K | Oct 9, 2023 | Direct | ||
| transaction | ZM | Class A Common Stock | Sale | -$418K | -6.41K | -57.23% | $65.25 | 4.79K | Oct 9, 2023 | Direct | F4, F5 |
| transaction | ZM | Class A Common Stock | Sale | -$316K | -4.79K | -100% | $66.00 | 0 | Oct 9, 2023 | Direct | F4, F6 |
| transaction | ZM | Class A Common Stock | Sale | -$96.6K | -1.5K | -1.3% | $64.42 | 114K | Oct 9, 2023 | See footnote | F1, F4, F7 |
| transaction | ZM | Class A Common Stock | Sale | -$59.6K | -921 | -0.81% | $64.74 | 113K | Oct 9, 2023 | See footnote | F1, F4, F8 |
| transaction | ZM | Class A Common Stock | Conversion of derivative security | $0 | +11.2K | $0.00 | 11.2K | Oct 10, 2023 | Direct | ||
| transaction | ZM | Class A Common Stock | Sale | -$758K | -11.2K | -100% | $67.63 | 0 | Oct 10, 2023 | Direct | F4, F9 |
| transaction | ZM | Class A Common Stock | Sale | -$253K | -3.81K | -3.36% | $66.52 | 109K | Oct 10, 2023 | See footnote | F1, F4, F10 |
| transaction | ZM | Class A Common Stock | Sale | -$1.18M | -17.5K | -15.96% | $67.36 | 92K | Oct 10, 2023 | See footnote | F1, F4, F11 |
| 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 | -38.3K | -8.33% | $0.00 | 421K | Oct 8, 2023 | Class A Common Stock | 38.3K | Direct | F12, F13 | |
| transaction | ZM | Restricted Stock Units | Options Exercise | $0 | -30.2K | -8.33% | $0.00 | 332K | Oct 8, 2023 | Class A Common Stock | 30.2K | Direct | F12, F14 | |
| transaction | ZM | Employee Stock Option (right to buy) | Options Exercise | $0 | -11.2K | -16.67% | $0.00 | 56K | Oct 9, 2023 | Class B Common Stock | 11.2K | $3.77 | Direct | F15, F16 |
| transaction | ZM | Class B Common Stock | Options Exercise | $0 | +11.2K | $0.00 | 11.2K | Oct 9, 2023 | Class A Common Stock | 11.2K | Direct | F16 | ||
| transaction | ZM | Class B Common Stock | Conversion of derivative security | $0 | -11.2K | -100% | $0.00* | 0 | Oct 9, 2023 | Class A Common Stock | 11.2K | Direct | F16 | |
| transaction | ZM | Employee Stock Option (right to buy) | Options Exercise | $0 | -11.2K | -20% | $0.00 | 44.8K | Oct 10, 2023 | Class B Common Stock | 11.2K | $3.77 | Direct | F15, F16 |
| transaction | ZM | Class B Common Stock | Options Exercise | $0 | +11.2K | $0.00 | 11.2K | Oct 10, 2023 | Class A Common Stock | 11.2K | Direct | F16 | ||
| transaction | ZM | Class B Common Stock | Conversion of derivative security | $0 | -11.2K | -100% | $0.00* | 0 | Oct 10, 2023 | Class A Common Stock | 11.2K | Direct | F16 | |
| holding | ZM | Restricted Stock Units | 13.9K | Oct 8, 2023 | Class A Common Stock | 13.9K | Direct | F12, F17 | ||||||
| holding | ZM | Class B Common Stock | 22.5M | Oct 8, 2023 | Class A Common Stock | 22.5M | See footnote | F1, F16 |
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).
| Id | Content |
|---|---|
| F1 | The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. |
| F2 | Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. |
| F3 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.969 to $63.9693. 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. |
| F4 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F5 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.80 to $65.78. 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. |
| F6 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.80 to $66.11. 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. |
| F7 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.68 to $64.67. 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. |
| F8 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.69 to $64.80. 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. |
| F9 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.52 to $67.825. 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. |
| F10 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.02 to $67.00. 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. |
| F11 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.03 to $67.52. 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. |
| F12 | Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. |
| F13 | The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. |
| F14 | The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. |
| F15 | This option is fully vested. |
| F16 | Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. |
| F17 | 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. |