Santiago Subotovsky - 11 Jun 2025 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Role: Director
Signature: /s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol: ZM
Transactions as of: 11 Jun 2025
Transactions value $: $0
Form type: 4
Filing time: 13 Jun 2025, 21:02:16 UTC
Previous filing: 05 Jun 2025
Next filing: 07 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Subotovsky Santiago	Director	C/O ZOOM COMMUNICATIONS, INC., 55 ALMADEN BLVD, #600, SAN JOSE	/s/ Aparna Bawa, Attorney-in-Fact	13 Jun 2025	0001773806

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZM	Class A Common Stock	Options Exercise	$0	+4.36K	+2.81%	$0.00	160K	11 Jun 2025	Direct
holding	ZM	Class A Common Stock						1.47K	11 Jun 2025	see footnote	F1

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	-4.36K	-100%	$0.00	0	11 Jun 2025	Class A Common Stock	4.36K		Direct	F2, F3
transaction	ZM	Restricted Stock Units	Award	$0	+3.58K		$0.00	3.58K	12 Jun 2025	Class A Common Stock	3.58K		Direct	F2, F3
holding	ZM	Class B Common Stock						5.08M	11 Jun 2025	Class A Common Stock	5.78M		See footnote	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.
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, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
F4	Each share of Class B Common Stock is convertible at the option of Emergence Capital Partners III, L.P. ("Emergence") and EZP Opportunity, L.P. ("EZP"), as applicable, into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by Emergence and EZP, as applicable, will automatically convert into one share of Class A Common Stock upon any transfer by Emergence and EZP, as applicable, 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.
F5	Shares held directly by Emergence. The sole general partner of Emergence is Emergence Equity Partners III, L.P. ("EEP III"), and the sole general partner of EEP III is Emergence GP Partners, LLC ("EGP"). The Reporting Person is a member of EEP III. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.