Company: ZM
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016910
Chunk: 63

Company: Zoom Communications, Inc.
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 63
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37,263,488 |     |   25,117,662 |     |   37,020,530 |     |   37,020,530 |
| Michelle Chang        |     |                               290,000 |     |        11,073 |     |   30,905,083 |     | 31,206,157 |     |    9,657,817 |     |   30,905,083 |     |   30,905,083 |
| Aparna Bawa           |     |                               225,000 |     |        14,480 |     |   12,143,084 |     | 12,382,564 |     |    8,423,443 |     |   12,143,084 |     |   12,143,084 |
| Velchamy Sankarlingam |     |                               225,000 |     |        18,248 |     |   28,716,804 |     | 28,960,052 |     |   10,645,716 |     |   28,716,804 |     |   28,716,804 |

| (1) | An “involuntary termination” means a termination without cause or a resignation for good reason and other than due to death or disability. An involuntary termination that occurs three months prior to, or twelve months following, a change in control is considered occurring “in connection with” such change in control for purposes of each of the NEO’s severance benefits listed above. |

| (2) | Represents six months of the NEO’s annual base salary, paid in lump sum. |

| (3) | Represents six months of potential COBRA premiums, which if elected by the executive would be paid on his or her behalf. |

| (4) | The value of equity acceleration is calculated based on the closing price of $86.94 per share of our Class A common stock as of January 31, 2025, multiplied by the number of unvested RSUs subject to acceleration. All of the unvested outstanding equity awards held by our then-serving NEOs as of January 31, 2025 were RSUs. |

| (5) | The benefits represent vesting of the performance-vesting RSUs at 100% of target. |

| (6) | For purposes of the performance-vesting RSUs, “