Filing Details
- Accession Number:
- 0001585521-24-000062
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-09 20:31:31
- Reporting Period:
- 2024-04-05
- Accepted Time:
- 2024-04-09 20:31:31
- 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 |
|---|---|---|---|---|---|---|---|
| 1765578 | Shane Crehan | C/O Zoom Video Communications, Inc. 55 Almaden Boulevard, 6Th Floor San Jose CA 95113 | Chief Accounting Officer | 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 | 2024-04-05 | 4,861 | $0.00 | 4,861 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-04-05 | 1,768 | $62.13 | 3,093 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2024-04-06 | 3,463 | $0.00 | 6,556 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-04-06 | 1,457 | $62.13 | 5,099 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2024-04-09 | 5,099 | $62.97 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| 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 | 2024-04-05 | 691 | $0.00 | 691 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-04-05 | 186 | $0.00 | 186 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-04-05 | 3,984 | $0.00 | 3,984 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-04-06 | 3,463 | $0.00 | 3,463 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,381 | No | 4 | M | Direct | ||
| 372 | No | 4 | M | Direct | ||
| 7,968 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
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 | 18,100 | 18,100 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 12,030 | 12,030 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 18,100 | 18,100 | Direct | |
| 12,030 | 12,030 | Direct |
Footnotes
- Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.13 to $62.131. 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- 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 October 5, 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.
- The Reporting Person received an award of restricted stock units on October 8, 2021, 1/12 of which vests on January 5, 2022 and the remaining units vesting in equal quarterly installments over the next 11 quarters subject to the Reporting Person's continuous service as of such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by theReporting Person under certain circumstances in connection with a change in control of the Issuer.
- The Reporting Person received an award of restricted stock units on October 7, 2022, which will vest in equal quarterly installments over two years.
- 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.
- The Reporting Person received an award of restricted stock units on September 9, 2022, 1/4 of which will vest on the anniversary date of the award. The remaining units will vest in equal quarterlyinstallments thereafter.
- The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
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