Aparna Bawa - Oct 8, 2024 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Oct 8, 2024
Transactions value $
-$740,533
Form type
4
Date filed
10/10/2024, 09:42 PM
Previous filing
Sep 12, 2024
Next filing
Oct 16, 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 +21.4K +1081.45% $0.00 23.4K Oct 8, 2024 See footnote F1
transaction ZM Class A Common Stock Sale -$741K -10.9K -46.52% $68.12 12.5K Oct 8, 2024 See footnote F1, F2

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 -12K -12.5% $0.00 83.7K Oct 8, 2024 Class A Common Stock 12K Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -9.43K -12.5% $0.00 66K Oct 8, 2024 Class A Common Stock 9.43K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
F2 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.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4 The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
F5 The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.