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Zoom Communications, Inc. Director's Dealing 2021

Jun 15, 2021

30221_dirs_2021-06-14_7f32f496-1206-4ada-bb84-0a9e0ca994a6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-06-10

Reporting Person: Azus Ryan (Chief Revenue Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-10 Class A Common Stock M 21875 Acquired 57451 Direct
2021-06-10 Class A Common Stock F 10496 $347.18 Disposed 46955 Direct
2021-06-11 Class A Common Stock S 3350 $350.3429 Disposed 43999 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-10 Restricted Stock Units $ M 21875 Disposed Class A Common Stock (21875.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class A Common Stock (225.0) 225 Direct

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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.15 to $350.56. 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.

F4: Includes 394 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 December 13, 2019.

F5: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

F6: The reporting person received an award of restricted stock units, 1/4 of which will vest on September 10, 2020 and the remaining units will vest in equal quarterly installments thereafter, subject to theReporting 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 a termination ofemployment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.

F7: The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.