Zoom director granted 3,012 RSUs, exercises 3,583
Zoom Communications, Inc. director William R. McDermott reported equity compensation and a routine option-style exercise.
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Rhea-AI Filing Summary
Zoom Communications, Inc. director William R. McDermott reported equity compensation and a routine option-style exercise. He received 3,012 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock, with 100% of the award vesting on the first anniversary of the grant or immediately before the next annual meeting following the grant date.
On a separate date, 3,583 Restricted Stock Units were exercised and converted into 3,583 shares of Class A Common Stock at no cash exercise price. Following these transactions, McDermott directly holds 15,098 shares of Zoom’s Class A Common Stock.
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
derivative security financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did William R. McDermott acquire in the latest Zoom (ZM) Form 4?
What is the vesting schedule for William R. McDermott’s new 3,012 Zoom RSUs?
What does each Zoom Restricted Stock Unit (RSU) represent for William R. McDermott?
AI-generated analysis. How Rhea-AI works. Not financial advice.