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

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Dec 2024
Net transactions value
-$307,309
Form type
4
Filing time
11 Dec 2024, 19:28:20 UTC
Previous filing
11 Oct 2024
Next filing
13 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +7,030 +6.7% $0.000000 111,444 09 Dec 2024 Direct
transaction ZM Class A Common Stock Sale $307,309 -3,618 -3.2% $84.94 107,826 10 Dec 2024 Direct F1, F2
holding ZM Class A Common Stock 36,060 09 Dec 2024 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 09 Dec 2024 By Harshini Velchamy
holding ZM Class A Common Stock 2,000 09 Dec 2024 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 09 Dec 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 -4,223 -12% $0.000000 29,565 09 Dec 2024 Class A Common Stock 4,223 Direct F3, F4
transaction ZM Restricted Stock Units Options Exercise $0 -2,807 -12% $0.000000 19,649 09 Dec 2024 Class A Common Stock 2,807 Direct F3, F5
holding ZM Restricted Stock Units 290,523 09 Dec 2024 Class A Common Stock 290,523 Direct F3, F6
* 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.9389 to $84.9391. 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 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 September 9, 2022, which will vest in equal quarterly installments over four years.
F5 The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F6 The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.