Filing Details
- Accession Number:
- 0001585521-22-000047
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-10 19:20:11
- Reporting Period:
- 2022-03-08
- Accepted Time:
- 2022-03-10 19:20:11
- 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
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2022-03-08 | 4,080 | $0.00 | 4,080 | No | 4 | C | Direct | |
Class A Common Stock | Acquisiton | 2022-03-08 | 11,545 | $0.00 | 15,625 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 211 | $105.60 | 15,414 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 445 | $106.92 | 14,969 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 1,090 | $108.18 | 13,879 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 3,046 | $108.85 | 10,833 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 3,111 | $110.02 | 7,722 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 3,645 | $110.79 | 4,077 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 1,905 | $111.88 | 2,172 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 1,704 | $112.85 | 468 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2022-03-08 | 468 | $113.71 | 0 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2022-03-08 | 80,529 | $0.00 | 80,529 | No | 4 | C | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 1,089 | $105.59 | 79,440 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 2,319 | $106.92 | 77,121 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 5,634 | $108.18 | 71,487 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 15,723 | $108.85 | 55,764 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 16,067 | $110.02 | 39,697 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 18,575 | $110.79 | 21,122 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 9,870 | $111.88 | 11,252 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 8,805 | $112.85 | 2,447 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2022-03-08 | 2,447 | $113.71 | 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 | 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 |
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 B Common Stock | Employee Stock Option (right to buy) | Disposition | 2022-03-08 | 4,080 | $0.00 | 4,080 | $4.15 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2022-03-08 | 4,080 | $0.00 | 4,080 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2022-03-08 | 4,080 | $0.00 | 4,080 | $0.00 |
Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2022-03-08 | 11,545 | $0.00 | 11,545 | $3.77 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2022-03-08 | 11,545 | $0.00 | 11,545 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2022-03-08 | 11,545 | $0.00 | 11,545 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2022-03-08 | 80,529 | $0.00 | 80,529 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
30,585 | 2023-09-24 | No | 4 | M | Direct | |
4,080 | No | 4 | M | Direct | ||
0 | No | 4 | C | Direct | ||
78,790 | 2028-09-24 | No | 4 | M | Direct | |
11,545 | No | 4 | M | Direct | ||
0 | No | 4 | C | Direct | ||
22,608,560 | 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 $105.20 to $106.175. 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 $106.40 to $107.38. 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 $107.40 to $108.395. 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 $108.40 to $109.39. 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 $109.40 to $110.395. 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 $110.40 to $111.39. 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 $111.40 to $112.39. 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 $112.40 to $113.39. 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 $113.40 to $114.13. 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 Zheng Yuan 2019 Grantor Retained Annuity 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.
- Includes 22,585,512 shares that were previously held directly that are now held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.
- 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.