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
  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 $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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.