Velchamy Sankarlingam - Jan 9, 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Jan 9, 2025
Transactions value $
-$851,170
Form type
4
Date filed
1/13/2025, 08:11 PM
Previous filing
Dec 11, 2024
Next filing
Feb 27, 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 +20.8K +19.24% $0.00 129K Jan 9, 2025 Direct
transaction ZM Class A Common Stock Sale -$851K -10.8K -8.41% $78.69 118K Jan 10, 2025 Direct F1
holding ZM Class A Common Stock 36.1K Jan 9, 2025 Velchamy Family Trust
holding ZM Class A Common Stock 2K Jan 9, 2025 By Harshini Velchamy
holding ZM Class A Common Stock 2K Jan 9, 2025 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Jan 9, 2025 By Janani Velchamy

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 -20.8K -7.14% $0.00 270K Jan 9, 2025 Class A Common Stock 20.8K Direct F2, F3
holding ZM Restricted Stock Units 19.6K Jan 9, 2025 Class A Common Stock 19.6K Direct F2, F4
holding ZM Restricted Stock Units 29.6K Jan 9, 2025 Class A Common Stock 29.6K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F3 The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
F4 The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F5 The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.