0001585521-23-000077.txt : 20230410 0001585521-23-000077.hdr.sgml : 20230410 20230410203013 ACCESSION NUMBER: 0001585521-23-000077 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230406 FILED AS OF DATE: 20230410 DATE AS OF CHANGE: 20230410 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bawa Aparna CENTRAL INDEX KEY: 0001773301 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38865 FILM NUMBER: 23812177 MAIL ADDRESS: STREET 1: C/O ZOOM VIDEO COMMUNICATIONS, INC. STREET 2: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zoom Video Communications, Inc. CENTRAL INDEX KEY: 0001585521 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 611648780 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: (888) 799-9666 MAIL ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 4 1 wf-form4_168117300256607.xml FORM 4 X0407 4 2023-04-06 0 0001585521 Zoom Video Communications, Inc. ZM 0001773301 Bawa Aparna C/O ZOOM VIDEO COMMUNICATIONS, INC. 55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE CA 95113 0 1 0 0 Chief Operating Officer 0 Restricted Stock Units 2023-04-06 4 A 0 10388 0 A Class A Common Stock 10388.0 10388 D Restricted Stock Units 2023-04-06 4 A 0 34306 0 A Class A Common Stock 34306.0 34306 D Restricted Stock Units Class A Common Stock 6315.0 6315 D Restricted Stock Units Class A Common Stock 22346.0 22346 D Restricted Stock Units Class A Common Stock 167481.0 167481 D Restricted Stock Units Class A Common Stock 10263.0 10263 D Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock. The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant. The Reporting Person received an award of restricted stock units on April 6, 2023, which will vest in equal quarterly installments over one year. The reporting person received an award of restricted stock units on April 8, 2022, 100% of which will vest on the first anniversary date of the grant. The Reporting Person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years. The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. On July 23, 2020, the Compensation Committee approved an award of restricted stock units to be granted to the Reporting Person, effective September 4, 2020 (the "RSU"). The number of shares of the Issuer's Class A Common Stock issuable under the RSU was determined by dividing $7,000,000 by the average closing price of the Issuer's Class A Common Stock over the sixty (60) day trading period ending seven days prior to the September 4, 2020 grant date and rounding up to the nearest whole share. The RSU vests as to 1/4th of the shares subject to the RSU on the one-year anniversary of the grant date, with1/12 of the remaining shares vesting in equal quarterly installments over the next three years subject to the Reporting Person's continuous service as of such vesting dates. The RSU is subject to accelerated vesting in the event of termination of employment by the Reporting Person under certain circumstances in connection with a change in control of the Issuer. /s/ Aparna Bawa 2023-04-10