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Filing Details

Accession Number:: 0001585521-20-000013
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-01-14 19:29:04
Reporting Period:: 2019-10-10

Accepted Time:: 2020-01-14 19:29:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1585521	Zoom Video Communications Inc.	ZM	Services-Computer Programming, Data Processing, Etc. (7370)	611648780

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1773302	Roy Benhorin	C/O Zoom Video Communications, Inc. 55 Almaden Boulevard, 6Th Floor San Jose CA 95113	Chief Accounting Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-01-10	1,070	$0.00	349,764	No	4	M	Direct
Class A Common Stock	Disposition	2020-01-13	437	$73.89	349,327	No	4	F	Direct
Class A Common Stock	Disposition	2020-01-13	32,000	$75.03	317,327	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Acquisiton	2019-10-10	17,120	$0.00	17,120	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2020-01-10	1,070	$0.00	1,070	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
17,120			No	4	A	Direct
16,050			No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class B Common Stock	Employee Stock Option (right to buy)	$3.77		2028-09-24	100,000	100,000	Direct
Class B Common Stock	Employee Stock Option (right to buy)	$0.14		2025-11-13	240,000	240,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-09-24	100,000	100,000	Direct
2025-11-13	240,000	240,000	Direct

Footnotes

Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.00 to $75.11. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
The reporting person received an award of restricted stock units on October 10, 2019, which vest in equal installments on each quarterly anniversary date, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date.
1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018.
Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Following the closing of the Issuer's IPO, each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. Following the closing of the IPO, all outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the IPO.
1/4 of the shares subject to the option vested on November 9, 2016, and 1/48 of the shares vest monthly thereafter.