Aparna Bawa - 08 Oct 2024 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Chief Operating Officer
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Oct 2024
Net transactions value
-$740,533
Form type
4
Filing time
10 Oct 2024, 21:42:52 UTC
Previous filing
12 Sep 2024
Next filing
16 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +21,391 +1081% $0.000000 23,369 08 Oct 2024 See footnote F1
transaction ZM Class A Common Stock Sale $740,533 -10,871 -47% $68.12 12,498 08 Oct 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 -11,962 -12% $0.000000 83,741 08 Oct 2024 Class A Common Stock 11,962 Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -9,429 -12% $0.000000 66,003 08 Oct 2024 Class A Common Stock 9,429 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.