Tomb Gregory 4
4 · Zoom Video Communications, Inc. · Filed Dec 13, 2022
Insider Transaction Report
Form 4
Tomb Gregory
President
Transactions
- Exercise/Conversion
Class A Common Stock
2022-12-09+14,383→ 38,238 total - Tax Payment
Class A Common Stock
2022-12-09$70.91/sh−6,966$493,982→ 31,272 total - Sale
Class A Common Stock
2022-12-12$72.80/sh−1,876$136,567→ 27,520 total - Sale
Class A Common Stock
2022-12-13$77.30/sh−3,709$286,706→ 23,811 total - Exercise/Conversion
Restricted Stock Units
2022-12-09−14,383→ 402,730 total→ Class A Common Stock (14,383 underlying) - Sale
Class A Common Stock
2022-12-12$70.91/sh−1,876$133,027→ 29,396 total
Footnotes (5)
- [F1]Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.79 to $72.805. 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.
- [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 on June 9th 2022, 1/32 of which will vest on each regular quarterly vest date over a four year period, commencing on the vesting commencement date. A "Regular Quarterly Vest Date" occurs on (i) the date that is every three months following the Vesting Commencement Date, on the day of the calendar month that corresponds with the Vesting Commencement Date and (ii) the 9th calendar day of the third month of each of Zoom's fiscal quarters.