Zoom Communications, Inc. — Director's Dealing 2023

Jul 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2023-07-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-08	Class A Common Stock	M	37671	—	Acquired	76408	Direct
2023-07-08	Class A Common Stock	F	18967	$64.6715	Disposed	57441	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-08	Restricted Stock Units	$	M	6328	Disposed		Class A Common Stock (6328)	Direct
2023-07-08	Restricted Stock Units	$	M	8427	Disposed		Class A Common Stock (8427)	Direct
2023-07-08	Restricted Stock Units	$	M	9160	Disposed		Class A Common Stock (9160)	Direct
2023-07-08	Restricted Stock Units	$	M	13756	Disposed		Class A Common Stock (13756)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2000	Indirect
Class A Common Stock	36060	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 (10388)	10388	Direct
Restricted Stock Units	$		Class A Common Stock (54905)	54905	Direct

Footnotes

F1: Includes 337 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, 2022 to June 12, 2023. 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 12, 2023.

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

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.6701 to $64.6733. 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: 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, 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.

F6: The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two 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 a second award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year.

F9: 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.

F10: The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.