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

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Mar 9, 2025
Transactions value $
-$271,325
Form type
4
Date filed
3/11/2025, 08:33 PM
Previous filing
Feb 27, 2025
Next filing
Apr 11, 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 +7.03K +5.97% $0.00 125K Mar 9, 2025 Direct
transaction ZM Class A Common Stock Tax liability -$271K -3.57K -2.86% $75.98 121K Mar 9, 2025 Direct F1
holding ZM Class A Common Stock 36.1K Mar 9, 2025 Velchamy Family Trust
holding ZM Class A Common Stock 2K Mar 9, 2025 By Harshini Velchamy
holding ZM Class A Common Stock 2K Mar 9, 2025 By Ashwini Velchamy
holding ZM Class A Common Stock 2K Mar 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 -4.22K -14.29% $0.00 25.3K Mar 9, 2025 Class A Common Stock 4.22K Direct F2, F3
transaction ZM Restricted Stock Units Options Exercise $0 -2.81K -14.29% $0.00 16.8K Mar 9, 2025 Class A Common Stock 2.81K Direct F2, F4
holding ZM Restricted Stock Units 270K Mar 9, 2025 Class A Common Stock 270K Direct F2, F5
holding ZM Performance-vesting RSU 11.3K Mar 9, 2025 Class A Common Stock 11.3K Direct F6, 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 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 on September 9, 2022, which will vest in equal quarterly installments over four years.
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 which vest quarterly in 16 equal installments beginning on July 9, 2024.
F6 Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock.
F7 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.