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Zoom Communications, Inc. — Director's Dealing 2024
Oct 11, 2024
30221_dirs_2024-10-10_794518d2-dd78-4d2c-8e60-da6fd10ffd19.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: 2024-10-08
Reporting Person: Bawa Aparna (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-08 | Class A Common Stock | M | 21391 | — | Acquired | 23369 | Indirect |
| 2024-10-08 | Class A Common Stock | S | 10871 | $68.12 | Disposed | 12498 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-08 | Restricted Stock Units | $ | M | 11962 | Disposed | Class A Common Stock (11962) | Direct | |
| 2024-10-08 | Restricted Stock Units | $ | M | 9429 | Disposed | Class A Common Stock (9429) | Direct |
Footnotes
F1: The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
F2: 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.
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 July 8, 2022, which will vest in equal quarterly installments over four years.
F5: The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.