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Zoom Communications, Inc. — Director's Dealing 2023
Sep 15, 2023
30221_dirs_2023-09-14_04fd37a6-1310-4a0a-b951-b256ce2506f4.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: 2023-09-12
Reporting Person: Sankarlingam Velchamy (Pres. of Engineering & Product)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-12 | Class A Common Stock | S | 1586 | $70.69 | Disposed | 58306 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-09-12 | Restricted Stock Units | $ | A | 33684 | Acquired | Class A Common Stock (33684) | 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 |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class A Common Stock (25310) | 25310 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (10388) | 10388 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (50682) | 50682 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (68748) | 68748 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (25282) | 25282 | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted 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 on September 12, 2023, which will vest in equal quarterly installments over three years.
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.
F5: The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant.
F6: The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
F7: The Reporting Person received an award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year.
F8: The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.