Velchamy Sankarlingam - 09 Jan 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Role
Pres. of Engineering & Product
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Jan 2025
Net transactions value
-$851,170
Form type
4
Filing time
13 Jan 2025, 20:11:07 UTC
Previous filing
11 Dec 2024
Next filing
27 Feb 2025
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 +20,751 +19% $0.000000 128,577 09 Jan 2025 Direct
transaction ZM Class A Common Stock Sale $851,170 -10,817 -8.4% $78.69 117,760 10 Jan 2025 Direct F1
holding ZM Class A Common Stock 36,060 09 Jan 2025 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 09 Jan 2025 By Harshini Velchamy
holding ZM Class A Common Stock 2,000 09 Jan 2025 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 09 Jan 2025 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 -20,751 -7.1% $0.000000 269,772 09 Jan 2025 Class A Common Stock 20,751 Direct F2, F3
holding ZM Restricted Stock Units 19,649 09 Jan 2025 Class A Common Stock 19,649 Direct F2, F4
holding ZM Restricted Stock Units 29,565 09 Jan 2025 Class A Common Stock 29,565 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.