Aparna Bawa - Jan 8, 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jan 8, 2025
Transactions value $
-$733,125
Form type
4
Date filed
1/10/2025, 09:15 PM
Previous filing
Dec 11, 2024
Next filing
Jan 16, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +21.4K +1081.5% $0.00 23.4K Jan 8, 2025 See footnote F1
transaction ZM Class A Common Stock Sale -$733K -9.32K -39.87% $78.69 14.1K Jan 10, 2025 See footnote F1, F2, F3

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 -12K -14.29% $0.00 71.8K Jan 8, 2025 Class A Common Stock 12K Direct F4, F5
transaction ZM Restricted Stock Units Options Exercise $0 -9.43K -14.29% $0.00 56.6K Jan 8, 2025 Class A Common Stock 9.43K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.6864 to $78.6871. 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 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F5 The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
F6 The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.