Ryan Azus - 10 Jun 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role: Chief Revenue Officer
Signature: /s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol: ZM
Transactions as of: 10 Jun 2021
Net transactions value: -$4,817,650
Form type: 4
Filing time: 14 Jun 2021, 18:37:20 UTC
Previous filing: 10 Jun 2021
Next filing: 17 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZM	Class A Common Stock	Options Exercise	$0	+21,875	+61%	$0.000000	57,451	10 Jun 2021	Direct
transaction	ZM	Class A Common Stock	Tax liability	$3,644,001	-10,496	-18%	$347.18^*	46,955	10 Jun 2021	Direct	F1
transaction	ZM	Class A Common Stock	Sale	$1,173,649	-3,350	-7.1%	$350.34^*	43,999	11 Jun 2021	Direct	F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZM	Restricted Stock Units	Options Exercise	$0	-21,875	-10%	$0.000000	196,875	10 Jun 2021	Class A Common Stock	21,875		Direct	F5, F6
holding	ZM	Restricted Stock Units						225	10 Jun 2021	Class A Common Stock	225		Direct	F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.15 to $350.56. 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.
F4	Includes 394 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on December 13, 2019.
F5	Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F6	The reporting person received an award of restricted stock units, 1/4 of which will vest on September 10, 2020 and the remaining units will vest in equal quarterly installments thereafter, subject to theReporting 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 a termination ofemployment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.
F7	The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.