Zoom Communications, Inc. — Director's Dealing 2021

Jul 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-07-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-08	Class A Common Stock	M	25310	—	Acquired	25423	Direct
2021-07-08	Class A Common Stock	F	12602	$380.66	Disposed	12821	Direct
2021-07-12	Class A Common Stock	S	130	$378.5131	Disposed	12691	Direct
2021-07-12	Class A Common Stock	S	581	$379.8024	Disposed	12110	Direct
2021-07-12	Class A Common Stock	S	1200	$380.7271	Disposed	10910	Direct
2021-07-12	Class A Common Stock	S	1000	$381.8325	Disposed	9910	Direct
2021-07-12	Class A Common Stock	S	900	$382.9911	Disposed	9010	Direct
2021-07-12	Class A Common Stock	S	1200	$384.0717	Disposed	7810	Direct
2021-07-12	Class A Common Stock	S	1760	$385.3798	Disposed	6050	Direct
2021-07-12	Class A Common Stock	S	1160	$386.8594	Disposed	4890	Direct
2021-07-12	Class A Common Stock	S	1000	$387.7195	Disposed	3890	Direct
2021-07-12	Class A Common Stock	S	300	$389.2913	Disposed	3590	Direct
2021-07-12	Class A Common Stock	S	300	$390.4067	Disposed	3290	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-08	Restricted Stock Units	$	M	25310	Disposed		Class A Common Stock (25310.0)	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: Includes 113 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on June 11, 2021.

F2: Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.18 to $378.97. 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.22 to $380.21. 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.26 to $381.25. 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.34 to $382.30. 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.62 to $383.51. 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.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.75 to $384.42. 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.

F10: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $384.85 to $385.83. 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.

F11: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $386.27 to $387.25. 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.

F12: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $387.27 to $388.24. 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.

F13: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $388.87 to $389.67. 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.

F14: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.88 to $390.72. 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.

F15: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

F16: 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.