Zoom director granted 3,012 RSUs, exercises 3,583
Zoom Communications, Inc. director Herbert Raymond McMaster reported equity compensation activity.
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Rhea-AI Filing Summary
Zoom Communications, Inc. director Herbert Raymond McMaster reported equity compensation activity. He received a grant of 3,012 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock.
On a separate date, 3,583 RSUs were exercised into 3,583 shares of Class A Common Stock, leaving him with 11,484 shares held directly after the transactions. The new 3,012-unit award will vest 100% on the first anniversary of the grant or immediately before the next annual meeting, whichever comes first.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,012 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,583 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,583 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F2. The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
contingent right financial
vest financial
FAQ
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What insider transactions did Zoom (ZM) director Herbert McMaster report?
What are the terms of Herbert McMaster’s new 3,012 RSU award from Zoom (ZM)?
What does exercising 3,583 Restricted Stock Units mean for Zoom (ZM) director McMaster?
AI-generated analysis. How Rhea-AI works. Not financial advice.