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Zoom Video Communications | 4: Statement of changes in beneficial ownership of securities-Officer Sankarlingam Velchamy

SEC announcement ·  Apr 10 08:36
Summary by Futu AI
Zoom Video Communications, Inc. executive Sankarlingam Velchamy, the company's President of Engineering & Product, engaged in a series of stock transactions between April 6, 2024, and April 9, 2024. Velchamy acquired a total of 48,059 shares of Class A Common Stock through the exercise of derivative securities at no cost. Concurrently, he disposed of 28,294 shares. The sales included 5,334 shares sold at $62.1319 each and 19,169 shares at $62.97 each on April 6 and April 8, respectively. Additionally, an open market sale of 3,791 shares occurred on April 9 at $62.97 per share, totaling a market value of $1,777,202.75 for all disposed shares. After these transactions, Velchamy directly holds 91,721 shares of Zoom Video Communications. The transactions are reported as in progress. Separately, Velchamy has indirect holdings totaling 42,060 shares through family trusts and relatives.
Zoom Video Communications, Inc. executive Sankarlingam Velchamy, the company's President of Engineering & Product, engaged in a series of stock transactions between April 6, 2024, and April 9, 2024. Velchamy acquired a total of 48,059 shares of Class A Common Stock through the exercise of derivative securities at no cost. Concurrently, he disposed of 28,294 shares. The sales included 5,334 shares sold at $62.1319 each and 19,169 shares at $62.97 each on April 6 and April 8, respectively. Additionally, an open market sale of 3,791 shares occurred on April 9 at $62.97 per share, totaling a market value of $1,777,202.75 for all disposed shares. After these transactions, Velchamy directly holds 91,721 shares of Zoom Video Communications. The transactions are reported as in progress. Separately, Velchamy has indirect holdings totaling 42,060 shares through family trusts and relatives.
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