Eric S. Yuan - Feb 25, 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Feb 25, 2025
Transactions value $
$0
Form type
4
Date filed
2/27/2025, 07:59 PM
Previous filing
Feb 6, 2025
Next filing
Mar 6, 2025

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 Performance-vesting RSU Award $0 +15.1K $0.00 15.1K Feb 25, 2025 Class A Common Stock 15.1K Direct F1, F2
holding ZM Restricted Stock Units 230K Feb 25, 2025 Class A Common Stock 230K Direct F3, F4
holding ZM Restricted Stock Units 181K Feb 25, 2025 Class A Common Stock 181K Direct F3, F5
holding ZM Class B Common Stock 21.8M Feb 25, 2025 Class A Common Stock 21.8M See footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock.
F2 Represents performance-vesting RSUs previously granted to the Reporting Person, which were subject to vesting upon certification by the Compensation Committee of the Companys achievement of certain performance metrics and determination of the number of performance-vesting RSUs that were eligible to vest, which determination occurred on February 25, 2025. The performance-vesting RSU is also subject to a service-based vesting requirement and will vest on April 9, 2025, subject to the Reporting Persons Continuous Service (as defined in the Issuers 2019 Equity Incentive Plan) on the vesting date.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4 The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
F5 The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.
F6 Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering.
F7 The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.