Velchamy Sankarlingam - 09 Oct 2024 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Oct 2024
Net transactions value
-$718,604
Form type
4
Filing time
11 Oct 2024, 19:21:31 UTC
Previous filing
11 Dec 2024
Next filing
11 Dec 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 +20,752 +22% $0.000000 114,752 09 Oct 2024 Direct
transaction ZM Class A Common Stock Sale $718,604 -10,338 -9% $69.51 104,414 10 Oct 2024 Direct F1

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 -20,752 -6.7% $0.000000 290,523 09 Oct 2024 Class A Common Stock 20,752 Direct F2, F3
holding ZM Restricted Stock Units 22,456 09 Oct 2024 Class A Common Stock 22,456 Direct F2, F4
holding ZM Restricted Stock Units 33,778 09 Oct 2024 Class A Common Stock 33,778 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 which vest quarterly in 16 equal installments beginning on July 9, 2024.
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 on September 9, 2022, which will vest in equal quarterly installments over four years.