Aparna Bawa - 08 Apr 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Apr 2025
Net transactions value
-$1,122,754
Form type
4
Filing time
10 Apr 2025, 21:41:14 UTC
Previous filing
27 Feb 2025
Next filing
17 Apr 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 +21,392 +1081% $0.000000 23,370 08 Apr 2025 See footnote F1
transaction ZM Class A Common Stock Tax liability $739,295 -10,864 -46% $68.05 12,506 08 Apr 2025 See footnote F1, F2
transaction ZM Class A Common Stock Options Exercise $0 +11,320 +91% $0.000000 23,826 09 Apr 2025 See footnote F1
transaction ZM Class A Common Stock Tax liability $383,458 -5,749 -24% $66.70 18,077 09 Apr 2025 See footnote F1, F3

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 -11,963 -17% $0.000000 59,815 08 Apr 2025 Class A Common Stock 11,963 Direct F4, F5
transaction ZM Restricted Stock Units Options Exercise $0 -9,429 -17% $0.000000 47,145 08 Apr 2025 Class A Common Stock 9,429 Direct F4, F6
transaction ZM Performance-vesting RSU Options Exercise $0 -11,320 -100% $0.000000 0 09 Apr 2025 Class A Common Stock 11,320 Direct F7, F8
* 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 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F3 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Performance-vesting restricted stock units.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F5 The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
F6 The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.
F7 Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock.
F8 Represents performance-vesting RSUs previously granted to the Reporting Person, which were subject to vesting upon certification by the Compensation Committee of the Companys achievement of certain performance metrics and determination of the number of performance-vesting RSUs that were eligible to vest, which determination occurred on February 25, 2025. The performance-vesting RSU is also subject to a service-based vesting requirement and will vest on April 9, 2025, subject to the Reporting Persons Continuous Service (as defined in the Issuers 2019 Equity Incentive Plan) on the vesting date.