Filing Details

Accession Number:
0001585521-23-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-10 17:39:46
Reporting Period:
2023-01-08
Accepted Time:
2023-01-10 17:39:46
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 2023-01-08 14,755 $0.00 32,710 No 4 M Direct
Class A Common Stock Disposition 2023-01-08 5,322 $69.81 27,388 No 4 F Direct
Class A Common Stock Disposition 2023-01-10 2,993 $69.54 24,395 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 2023-01-08 8,427 $0.00 8,427 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-01-08 6,328 $0.00 6,328 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,136 No 4 M Direct
37,965 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
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 6,315 6,315 Direct
Class A Common Stock Restricted Stock Units $0.00 63,352 63,352 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
6,315 6,315 Direct
63,352 63,352 Direct
Footnotes
  1. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
  4. The reporting person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.
  5. 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.
  6. The reporting person received an award of restricted stock units on April 8, 2022, 100% of which will vest on the first anniversary date of the grant.
  7. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.