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

SEC announcement ·  Jun 12 07:53
Summary by Futu AI
Zoom Video Communications, Inc. (ZM) executive Sankarlingam Velchamy, the company's President of Engineering & Product, engaged in a series of stock transactions between June 9, 2024, and June 11, 2024. Velchamy exercised options to acquire 7,031 shares of Class A Common Stock at no cost on June 9. Subsequently, he sold a total of 5,140 shares over two transactions: 3,589 shares at $62.4204 each on June 9, and 1,551 shares at $62.99 each on June 11. Following these transactions, Velchamy directly holds 79,736 shares. The sales resulted in a total market value of approximately $321,724. The transactions are reported as in progress. Additionally, Velchamy has indirect holdings through the Velchamy Family Trust and relatives, totaling 42,060 shares.
Zoom Video Communications, Inc. (ZM) executive Sankarlingam Velchamy, the company's President of Engineering & Product, engaged in a series of stock transactions between June 9, 2024, and June 11, 2024. Velchamy exercised options to acquire 7,031 shares of Class A Common Stock at no cost on June 9. Subsequently, he sold a total of 5,140 shares over two transactions: 3,589 shares at $62.4204 each on June 9, and 1,551 shares at $62.99 each on June 11. Following these transactions, Velchamy directly holds 79,736 shares. The sales resulted in a total market value of approximately $321,724. The transactions are reported as in progress. Additionally, Velchamy has indirect holdings through the Velchamy Family Trust and relatives, totaling 42,060 shares.
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