Velchamy Sankarlingam - Apr 10, 2024 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
Apr 10, 2024
Transactions value $
-$863,320
Form type
4
Date filed
4/12/2024, 06:15 PM
Previous filing
Apr 9, 2024
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Sale -$741K -11.9K -13% $62.14 79.8K Apr 10, 2024 Direct F1, F2
transaction ZM Class A Common Stock Sale -$122K -1.95K -2.44% $62.69 77.8K Apr 10, 2024 Direct F1, F3
holding ZM Class A Common Stock 36.1K Apr 10, 2024 Velchamy Family Trust
holding ZM Class A Common Stock 2K Apr 10, 2024 By Harshini Velchamy
holding ZM Class A Common Stock 2K Apr 10, 2024 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Apr 10, 2024 By Janani Velchamy
* 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.61 to $62.605. 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.61 to $62.84. 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.