Filing Details
- Accession Number:
- 0001585521-21-000190
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-07-12 18:37:30
- Reporting Period:
- 2021-07-08
- Accepted Time:
- 2021-07-12 18:37:30
- 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. 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 | 2021-07-08 | 25,310 | $0.00 | 25,423 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2021-07-08 | 12,602 | $380.66 | 12,821 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 130 | $378.51 | 12,691 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 581 | $379.80 | 12,110 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,200 | $380.73 | 10,910 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,000 | $381.83 | 9,910 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 900 | $382.99 | 9,010 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,200 | $384.07 | 7,810 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,760 | $385.38 | 6,050 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,160 | $386.86 | 4,890 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 1,000 | $387.72 | 3,890 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 300 | $389.29 | 3,590 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2021-07-12 | 300 | $390.41 | 3,290 | 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 | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | 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 | 2021-07-08 | 25,310 | $0.00 | 25,310 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
75,930 | 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 Ashwini Velchamy |
Class A Common Stock | 2,000 | Indirect | By Janani Velchamy |
Class A Common Stock | 2,000 | Indirect | By Harshini Velchamy |
Footnotes
- Includes 113 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, 2020 to June 12, 2021. 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 11, 2021.
- Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.18 to $378.97. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.22 to $380.21. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.26 to $381.25. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.34 to $382.30. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.62 to $383.51. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.75 to $384.42. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $384.85 to $385.83. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $386.27 to $387.25. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $387.27 to $388.24. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $388.87 to $389.67. 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.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.88 to $390.72. 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.
- Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- 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.