0001585521-24-000104.txt : 20240611 0001585521-24-000104.hdr.sgml : 20240611 20240611194932 ACCESSION NUMBER: 0001585521-24-000104 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240609 FILED AS OF DATE: 20240611 DATE AS OF CHANGE: 20240611 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sankarlingam Velchamy CENTRAL INDEX KEY: 0001814012 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38865 FILM NUMBER: 241037226 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1718149764.xml FORM 4 X0508 4 2024-06-09 0 0001585521 Zoom Video Communications, Inc. ZM 0001814012 Sankarlingam Velchamy C/O ZOOM VIDEO COMMUNICATIONS, INC. 55 ALMAEN BOULEVARD, 6TH FLOOR SAN JOSE CA 95113 0 1 0 0 Pres. of Engineering & Product 1 Class A Common Stock 2024-06-09 4 M 0 7031 0 A 84876 D Class A Common Stock 2024-06-09 4 S 0 3589 62.4204 D 81287 D Class A Common Stock 2024-06-11 4 S 0 1551 62.99 D 79736 D Class A Common Stock 36060 I Velchamy Family Trust Class A Common Stock 2000 I By Harshini Velchamy Class A Common Stock 2000 I By Ashwini Velchamy Class A Common Stock 2000 I By Janani Velchamy Restricted Stock Units 2024-06-09 4 M 0 4224 0 D Class A Common Stock 4224 38011 D Restricted Stock Units 2024-06-09 4 M 0 2807 0 D Class A Common Stock 2807 25263 D Restricted Stock Units Class A Common Stock 6328 6328 D Restricted Stock Units Class A Common Stock 332026 332026 D This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. 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 September 9, 2022, which will vest in equal quarterly installments over four years. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years. The reporting person received an award of restricted stock units, 1/4 of which will vest on July 8, 2021 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting Person's continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are 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. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024. /s/ Aparna Bawa, Attorney-in-Fact 2024-06-11