| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZM | Class A Common Stock | Sale | -$187K | -2.48K | -1.52% | $75.43 | 160K | Apr 24, 2025 | Direct | F1, F2, F3 |
| holding | ZM | Class A Common Stock | 1.47K | Apr 24, 2025 | see footnote | F4, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F2 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.175 to $75.67. 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. |
| F3 | Reflects the transfer to Emergence Equity Partners III, L.P. (EEP III) of 6,678 shares of the Issuer's Class A Common Stock acquired upon the vesting of restricted stock units that were previously held for the benefit of EEP III. |
| F4 | Balance reflects the Subotovsky Mann Family Trust's receipt of 1,470 shares of the Issuer's Class A Common Stock in a pro-rata distribution from EEP III in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended on April 3, 2025. |
| F5 | Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee. |