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Filing Details

Accession Number:: 0001585521-24-000100
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-06-06 20:38:10
Reporting Period:: 2024-06-04

Accepted Time:: 2024-06-06 20:38:10
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
1773301	Aparna Bawa	C/O Zoom Video Communications, Inc. 55 Almaden Boulevard, 6Th Floor San Jose CA 95113	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2024-06-04	1,710	$0.00	3,688	No	4	M	Indirect	See footnote
Class A Common Stock	Disposition	2024-06-04	874	$61.78	2,814	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2024-06-04	1,710	$0.00	1,710	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,711			No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Restricted Stock Units	$0.00			84,861	84,861	Direct
Class A Common Stock	Restricted Stock Units	$0.00			107,666	107,666	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	84,861	84,861	Direct
	107,666	107,666	Direct

Footnotes

The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
On July 23, 2020, the Compensation Committee approved an award of restricted stock units to be granted to the Reporting Person, effective September 4, 2020 (the "RSU"). The number of shares of the Issuer's Class A Common Stock issuable under the RSU was determined by dividing $7,000,000 by the average closing price of the Issuer's Class A Common Stock over the sixty (60) day trading period ending seven days prior to the September 4, 2020 grant date and rounding up to the nearest whole share. The RSU vests as to 1/4th of the shares subject to the RSU on the one-year anniversary of the grant date, with1/12 of the remaining shares vesting in equal quarterly installments over the next three years subject to the Reporting Person's continuous service as of such vesting dates. The RSU is 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 July 11, 2023 which will vest in equal quarterly installments over three years.
The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.