Velchamy Sankarlingam - Sep 9, 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
Sep 9, 2024
Transactions value $
-$241,668
Form type
4
Date filed
9/11/2024, 08:21 PM
Previous filing
Jul 10, 2024
Next filing
Oct 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +7.03K +7.76% $0.00 97.6K Sep 9, 2024 Direct
transaction ZM Class A Common Stock Sale -$242K -3.61K -3.7% $66.87 94K Sep 10, 2024 Direct F1
holding ZM Class A Common Stock 36.1K Sep 9, 2024 Velchamy Family Trust
holding ZM Class A Common Stock 2K Sep 9, 2024 By Harshini Velchamy
holding ZM Class A Common Stock 2K Sep 9, 2024 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Sep 9, 2024 By Janani 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 -4.23K -11.14% $0.00 33.8K Sep 9, 2024 Class A Common Stock 4.23K Direct F2, F3
transaction ZM Restricted Stock Units Options Exercise $0 -2.81K -11.11% $0.00 22.5K Sep 9, 2024 Class A Common Stock 2.81K Direct F2, F4
holding ZM Restricted Stock Units 311K Sep 9, 2024 Class A Common Stock 311K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade 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 9, 2022, which will vest in equal quarterly installments over four years.
F4 The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F5 The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.