Filing Details

Accession Number:
0001585521-24-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-01-10 20:47:04
Reporting Period:
2024-01-08
Accepted Time:
2024-01-10 20:47:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1585521 Zoom Video Communications Inc. ZM Services-Computer Programming, Data Processing, Etc. (7370) 611648780
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1814012 Velchamy Sankarlingam C/O Zoom Video Communications, Inc.
55 Almaen Boulevard, 6Th Floor
San Jose CA 95113
Pres. Of Engineering & Product No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-01-08 37,671 $0.00 102,530 No 4 M Direct
Class A Common Stock Disposition 2024-01-08 16,858 $67.46 85,672 No 4 F Direct
Class A Common Stock Disposition 2024-01-10 15,611 $67.98 70,061 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2024-01-08 6,328 $0.00 6,328 $0.00
Class A Common Stock Restricted Stock Units Disposition 2024-01-08 8,427 $0.00 8,427 $0.00
Class A Common Stock Restricted Stock Units Disposition 2024-01-08 22,916 $0.00 22,916 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,655 No 4 M Direct
8,428 No 4 M Direct
22,916 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 36,060 Indirect Velchamy Family Trust
Class A Common Stock 2,000 Indirect By Harshini Velchamy
Class A Common Stock 2,000 Indirect By Janani Velchamy
Class A Common Stock 2,000 Indirect By Ashwini Velchamy
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Restricted Stock Units $0.00 10,388 10,388 Direct
Class A Common Stock Restricted Stock Units $0.00 46,458 46,458 Direct
Class A Common Stock Restricted Stock Units $0.00 30,877 30,877 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
10,388 10,388 Direct
46,458 46,458 Direct
30,877 30,877 Direct
Footnotes
  1. Includes 1 share of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 13, 2023 to December 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 December 12, 2023.
  2. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.459 to $67.464. 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.
  4. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.60 to $68.25. 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.
  6. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
  7. 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.
  8. The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.
  9. The Reporting Person received an award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year.
  10. 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.
  11. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
  12. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.