Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Zoom Communications, Inc. Director's Dealing 2021

Oct 13, 2021

30221_dirs_2021-10-12_29d76f28-00ab-47f7-a661-47290331beb2.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-10-08

Reporting Person: Sankarlingam Velchamy (Pres. of Engineering & Product)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-10-08 Class A Common Stock M 6327 Acquired 9617 Direct
2021-10-08 Class A Common Stock F 3188 $380.66 Disposed 6429 Direct
2021-10-12 Class A Common Stock S 2354 $255.27 Disposed 4075 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-10-08 Restricted Stock Units $ M 6327 Disposed Class A Common Stock (6327.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 36060 Indirect
Class A Common Stock 2000 Indirect
Class A Common Stock 2000 Indirect
Class A Common Stock 2000 Indirect

Footnotes

F1: Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted 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, 1/4 of which will vest on July 8, 2021 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting Person's continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by the Reporting Person under certain circumstances in connection with a change in control of the Issuer.