06/11/2025 | Press release | Distributed by Public on 06/11/2025 17:44
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | 06/09/2025 | M | 4,223 | (4) | (4) | Class A Common Stock | 4,223 | $ 0 | 21,118 | D | ||||
Restricted Stock Units | (3) | 06/09/2025 | M | 2,807 | (5) | (5) | Class A Common Stock | 2,807 | $ 0 | 14,035 | D | ||||
Restricted Stock Units | (3) | (6) | (6) | Class A Common Stock | 249,020 | 249,020 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sankarlingam Velchamy C/O ZOOM COMMUNICATIONS, INC. 55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE, CA 95113 |
Pres. of Engineering & Product |
/s/ Aparna Bawa, Attorney-in-Fact | 06/11/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. |
(2) | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
(3) | Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock. |
(4) | The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years. |
(5) | The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years. |
(6) | The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024. |