Filing Details
- Accession Number:
- 0001585521-24-000104
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-11 19:49:32
- Reporting Period:
- 2024-06-09
- Accepted Time:
- 2024-06-11 19:49:32
- 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. 55 Almaen Boulevard, 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 | 2024-06-09 | 7,031 | $0.00 | 84,876 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-06-09 | 3,589 | $62.42 | 81,287 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-06-11 | 1,551 | $62.99 | 79,736 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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 | 2024-06-09 | 4,224 | $0.00 | 4,224 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2024-06-09 | 2,807 | $0.00 | 2,807 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
38,011 | No | 4 | M | Direct | ||
25,263 | 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 Harshini Velchamy |
Class A Common Stock | 2,000 | Indirect | By Ashwini Velchamy |
Class A Common Stock | 2,000 | Indirect | By Janani 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 | 6,328 | 6,328 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 332,026 | 332,026 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
6,328 | 6,328 | Direct | |
332,026 | 332,026 | Direct |
Footnotes
- 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.
- 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 on September 9, 2022, which will vest in equal quarterly installments over four years.
- The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
- 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.
- The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.