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Zoom Communications, Inc. — Director's Dealing 2025
Jan 11, 2025
30221_dirs_2025-01-10_30f88e06-b538-4a4b-a863-11b36df6d7b5.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: 2025-01-08
Reporting Person: Bawa Aparna (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-08 | Class A Common Stock | M | 21392 | — | Acquired | 23370 | Indirect |
| 2025-01-10 | Class A Common Stock | S | 9317 | $78.6868 | Disposed | 14053 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-08 | Restricted Stock Units | $ | M | 11963 | Disposed | Class A Common Stock (11963) | Direct | |
| 2025-01-08 | 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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.6864 to $78.6871. 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 on July 8, 2022, which will vest in equal quarterly installments over four years.
F6: The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.