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Zoom Communications, Inc. — Director's Dealing 2024
Dec 12, 2024
30221_dirs_2024-12-11_b2c9f3cc-defc-457e-a174-d95df816e23e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Zoom Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2024-12-09
Reporting Person: Sankarlingam Velchamy (Pres. of Engineering & Product)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-09 | Class A Common Stock | M | 7030 | — | Acquired | 111444 | Direct |
| 2024-12-10 | Class A Common Stock | S | 3618 | $84.939 | Disposed | 107826 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-09 | Restricted Stock Units | $ | M | 4223 | Disposed | Class A Common Stock (4223) | Direct | |
| 2024-12-09 | Restricted Stock Units | $ | M | 2807 | Disposed | Class A Common Stock (2807) | 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 (290523) | 290523 | Direct |
Footnotes
F1: This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.9389 to $84.9391. 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.
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 on September 9, 2022, which will vest in equal quarterly installments over four years.
F5: The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F6: The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.