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Filing Details

Accession Number:: 0001585521-22-000019
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-02-11 20:30:45
Reporting Period:: 2022-02-09

Accepted Time:: 2022-02-11 20:30:45
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
1773298	S. Eric Yuan	C/O Zoom Video Communications, Inc. 55 Almaden Boulevard, 6Th Floor San Jose CA 95113	Chief Executive Officer	Yes	Yes	Yes	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	Explanation
Class A Common Stock	Acquisiton	2022-02-09	4,080	$0.00	4,080	No	4	C	Direct
Class A Common Stock	Acquisiton	2022-02-09	11,545	$0.00	15,625	No	4	C	Direct
Class A Common Stock	Disposition	2022-02-09	1,328	$144.58	14,297	No	4	S	Direct
Class A Common Stock	Disposition	2022-02-09	1,947	$145.46	12,350	No	4	S	Direct
Class A Common Stock	Disposition	2022-02-09	1,466	$146.40	10,884	No	4	S	Direct
Class A Common Stock	Disposition	2022-02-09	2,032	$147.66	8,852	No	4	S	Direct
Class A Common Stock	Disposition	2022-02-09	5,334	$148.48	3,518	No	4	S	Direct
Class A Common Stock	Disposition	2022-02-09	3,518	$149.35	0	No	4	S	Direct
Class A Common Stock	Acquisiton	2022-02-09	80,529	$0.00	80,529	No	4	C	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	6,865	$144.58	73,664	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	10,052	$145.46	63,612	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	7,591	$146.40	56,021	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	10,346	$147.67	45,675	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	27,531	$148.48	18,144	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2022-02-09	18,144	$149.35	0	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (right to buy)	Disposition	2022-02-09	4,080	$0.00	4,080	$4.15
Class A Common Stock	Class B Common Stock	Acquisiton	2022-02-09	4,080	$0.00	4,080	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-02-09	4,080	$0.00	4,080	$0.00
Class B Common Stock	Employee Stock Option (right to buy)	Disposition	2022-02-09	11,545	$0.00	11,545	$3.77
Class A Common Stock	Class B Common Stock	Acquisiton	2022-02-09	11,545	$0.00	11,545	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-02-09	11,545	$0.00	11,545	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-02-09	80,529	$0.00	80,529	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
38,745	2023-09-24	No	4	M	Direct
22,589,592		No	4	M	Direct
22,585,512		No	4	C	Direct
101,880	2028-09-24	No	4	M	Direct
22,597,057		No	4	M	Direct
22,585,512		No	4	C	Direct
184,105		No	4	C	Indirect

Footnotes

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 $144.00 to $144.98. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.00 to $145.99. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.00 to $146.99. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.00 to $147.99. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.00 to $148.99. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.00 to $149.80. 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.
The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.
The shares subject to the option vest in monthly installments as follows: approximately 8,840 shares vested on October 24, 2018 and approximately 8,840 shares vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 2,210 shares vested on January 24, 2019 and approximately 2,210 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 2,945 shares vest on the 24th day of each month thereafter through and including September 24, 2022.
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.
The shares subject to the option vest in monthly installments as follows: approximately 1,577 shares vested on October 24, 2018 and approximately 1,577 vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 8,207 shares vested on January 24, 2019 and approximately 8,207 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 7,472 shares vest on the 24th day of each month thereafter through and including September 24, 2022. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.
The end of period holdings have been corrected by one share. On December 16, 2021, 80,529 Class B shares were reported as disposed. The correct amount of Class B shares disposed on December 16, 2021 was 80,528.