Filing Details

Accession Number:
0001585521-21-000027
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-05 20:04:41
Reporting Period:
2021-03-03
Accepted Time:
2021-03-05 20:04:41
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
1605698 Daniel Scheinman C/O Zoom Video Communications, Inc.
55 Almaden Boulevard, 6Th Floor
San Jose CA 95113
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-03-03 8,878 $369.94 29,312 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 8,200 $370.76 21,112 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 1,280 $372.30 19,832 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 800 $373.01 19,032 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 1,900 $374.33 17,132 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 882 $375.30 16,250 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 1,400 $376.64 14,850 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 6,705 $377.60 8,145 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 3,768 $378.55 4,377 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 4,177 $379.50 200 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 200 $382.36 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2021-03-03 352,320 $0.00 352,320 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-03 5,018 $340.39 347,302 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 32,060 $341.16 315,242 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 20,446 $341.98 294,796 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 7,509 $343.16 287,287 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 11,641 $344.11 275,646 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 9,765 $345.18 265,881 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 15,272 $346.09 250,609 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 7,712 $347.81 242,897 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 11,012 $348.31 231,885 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 11,983 $349.13 219,902 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 8,280 $350.04 211,622 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 5,436 $351.26 206,186 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 6,153 $352.15 200,033 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 5,122 $353.23 194,911 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 3,893 $353.98 191,018 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 1,044 $355.34 189,974 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 5,613 $356.38 184,361 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-03-03 16,895 $357.47 167,466 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock (2) Class B Common Stock Disposition 2021-03-03 352,320 $0.00 352,320 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
437,974 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock (2) Class B Common Stock $0.00 1,126,281 1,126,281 Indirect
Class B Common Stock Director Stock Option (right to buy) $10.79 2028-11-29 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,126,281 1,126,281 Indirect
2028-11-29 100,000 100,000 Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.49 to $370.41. 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.
  3. The shares are held of record by The 2017 Scheinman Irrevocable Trust ("2017 Scheinman Trust"). The trustee for 2017 Scheinman Trust is Neuberger Berman Trust Company of Delaware N.A. The Reporting Person's family members are beneficiaries under the 2017 Scheinman Trust.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.49 to $371.40. 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.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.72 to $372.70. 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.
  6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.77 to $373.62. 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.
  7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.93 to $374.67. 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.
  8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.00 to $375.48. 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.
  9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.00 to $376.99. 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.
  10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.00 to $377.87. 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.
  11. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.01 to $378.99. 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.
  12. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.07 to $380.00. 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.
  13. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.59 to $383.14. 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.
  14. The shares are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.
  15. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.63 to $340.61. 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.
  16. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.63 to $341.62. 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.
  17. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.63 to $342.62. 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.
  18. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.63 to $342.62. 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.
  19. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $343.63 to $344.62. 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.
  20. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.63 to $345.62. 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.
  21. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.66 to $346.65. 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.
  22. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.67 to $347.66. 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.
  23. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.68 to $348.67. 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.
  24. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.68 to $349.65. 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.
  25. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.69 to $350.64. 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.
  26. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.70 to $351.67. 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.
  27. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.70 to $352.67. 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.
  28. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.70 to $353.69. 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.
  29. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.70 to $354.61. 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.
  30. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.81 to $355.76. 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.
  31. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.88 to $356.87. 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.
  32. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.90 to $357.89. 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.
  33. 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. Each share of Class B Common Stock held by the Reporting Person will automatically convert 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. 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 Issuer's initial public offering.
  34. 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from November 29, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.