Filing Details

Accession Number:
0001585521-24-000162
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-07-10 21:20:59
Reporting Period:
2024-07-08
Accepted Time:
2024-07-10 21:20:59
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 Almaden 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 2024-07-08 6,328 $0.00 86,064 No 4 M Direct
Class A Common Stock Disposition 2024-07-09 3,272 $57.15 82,792 No 4 S Direct
Class A Common Stock Disposition 2024-07-10 2,292 $56.70 80,500 No 4 S Direct
Class A Common Stock Acquisiton 2024-07-09 20,751 $0.00 101,251 No 4 M Direct
Class A Common Stock Disposition 2024-07-10 10,667 $56.70 90,584 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
No 4 M 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 2024-07-08 6,328 $0.00 6,328 $0.00
Class A Common Stock Restricted Stock Units Disposition 2024-07-09 20,751 $0.00 20,751 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
311,275 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 25,263 25,263 Direct
Class A Common Stock Restricted Stock Units $0.00 38,011 38,011 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
25,263 25,263 Direct
38,011 38,011 Direct
Footnotes
  1. 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.
  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, 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.
  5. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
  6. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
  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.