Ryan Azus - 08 Jun 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
08 Jun 2021
Net transactions value
-$178,369
Form type
4
Filing time
10 Jun 2021, 18:41:52 UTC
Next filing
14 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +225 +0.63% $0.000000 36,092 08 Jun 2021 Direct
transaction ZM Class A Common Stock Tax liability $38,369 -116 -0.32% $330.77 35,976 08 Jun 2021 Direct F1
transaction ZM Class A Common Stock Sale $140,000 -400 -1.1% $350.00* 35,576 08 Jun 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZM Restricted Stock Units Options Exercise $0 -225 -50% $0.000000 225 08 Jun 2021 Class A Common Stock 225 Direct F3, F4
holding ZM Restricted Stock Units 218,750 08 Jun 2021 Class A Common Stock 218,750 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted 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 June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.
F5 The reporting person received an award of restricted stock units, 1/4 of which will vest on September 10, 2020 and the remaining units will vest in equal quarterly installments thereafter, subject to theReporting 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 a termination ofemployment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.