Velchamy Sankarlingam - 09 Apr 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
09 Apr 2025
Net transactions value
-$1,086,343
Form type
4
Filing time
11 Apr 2025, 18:36:46 UTC
Previous filing
11 Mar 2025
Next filing
17 Apr 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 +20,752 +17% $0.000000 142,335 09 Apr 2025 Direct F1
transaction ZM Class A Common Stock Tax liability $702,885 -10,538 -7.4% $66.70 131,797 09 Apr 2025 Direct F2
transaction ZM Class A Common Stock Options Exercise $0 +11,320 +8.6% $0.000000 143,117 09 Apr 2025 Direct
transaction ZM Class A Common Stock Tax liability $383,458 -5,749 -4% $66.70 137,368 09 Apr 2025 Direct F3
holding ZM Class A Common Stock 36,060 09 Apr 2025 Velchamy Family Trust
holding ZM Class A Common Stock 2,000 09 Apr 2025 By Harshini Velchamy
holding ZM Class A Common Stock 2,000 09 Apr 2025 By Ashwini Velchamy
holding ZM Class A Common Stock 2,000 09 Apr 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 -20,752 -7.7% $0.000000 249,020 09 Apr 2025 Class A Common Stock 20,752 Direct F4, F5
transaction ZM Performance-vesting RSU Options Exercise $0 -11,320 -100% $0.000000 0 09 Apr 2025 Class A Common Stock 11,320 Direct F6, F7
holding ZM Restricted Stock Units 16,842 09 Apr 2025 Class A Common Stock 16,842 Direct F4, F8
holding ZM Restricted Stock Units 25,341 09 Apr 2025 Class A Common Stock 25,341 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 336 shares of Class A Common Stock purchased pursuant to the Zoom Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2023 to June 12, 2024. 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 June 12, 2024.
F2 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F3 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Performance-vesting restricted stock unit
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 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.
F8 The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F9 The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.