Form 4 for ZM Zoom Communications, Inc.
Accepted 2022-07-12 00:00:00 ET · period of report 2022-07-08 · accession 0001585521-22-000161 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-07-12 | 2022-07-08 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | F - Tax | $117.08 | -7,545 | 9,064 | -45% | -$883.4K |
| DM | 2022-07-12 | 2022-07-08 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | M - OptEx | $0.00 | +14.8K | 17.5K | +539% | $0 |
| D | 2022-07-12 | 2022-07-12 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | S - Sale+OE | $109.79 | -2,319 | 10.9K | -18% | -$254.6K |
| DM | 2022-07-12 | 2022-07-08 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | M - OptEx | $0.00 | -14.8K | 59.0K | -20% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-07-08 | F | D | 4,309 | $117.08 | 13,182 | D | — | — | (F2) Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. |
| 2 | Common | Class A Common Stock | 2022-07-08 | M | A | 6,328 | $0.00 | 12,300 | D | — | — | (F1) Includes 136 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2022 toJune 10, 2022. 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 June 10, 2022. |
| 3 | Common | Class A Common Stock | 2022-07-08 | F | D | 3,236 | $117.08 | 9,064 | D | — | — | (F2) Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. |
| 4 | Common | Class A Common Stock | 2022-07-08 | M | A | 8,427 | $0.00 | 17,491 | D | — | — | |
| 5 | Common | Class A Common Stock | 2022-07-12 | S | D | 2,319 | $109.79 | 10,863 | D | — | — | |
| 6 | Derivative | Restricted Stock Units | 2022-07-08 | M | D | 6,328 | $0.00 | 50,620 | D | — · — to — | 6,328 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock. (F7) 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. |
| 7 | Derivative | Restricted Stock Units | 2022-07-08 | M | D | 8,427 | $0.00 | 58,990 | D | — · — to — | 8,427 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock. (F6) The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years. |