Form 4 for ZM Zoom Communications, Inc.
Accepted 2023-09-12 00:00:00 ET · period of report 2023-09-09 · accession 0001585521-23-000210 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-12 | 2023-09-09 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | F - Tax | $71.55 | -2,109 | 59.9K | -3% | -$150.9K |
| D | 2023-09-12 | 2023-09-09 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | M - OptEx | $0.00 | +4,223 | 62.0K | +7% | $0 |
| D | 2023-09-12 | 2023-09-09 | ZM | Sankarlingam Velchamy | Pres. of Engineering, Product | M - OptEx | $0.00 | -4,223 | 50.7K | -8% | $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 | 2023-09-09 | F | D | 2,109 | $71.55 | 59,892 | 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 | 2023-09-09 | M | A | 4,223 | $0.00 | 62,001 | D | — | — | (F1) Includes 337 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 to June 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 June 12, 2023. |
| 3 | Derivative | Restricted Stock Units | 2023-09-09 | M | D | 4,223 | $0.00 | 50,682 | D | — · — to — | 4,223 Class A Common Stock | (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 September 9, 2022, which will vest in equal quarterly installments over four years. |