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Filing Details

Accession Number:: 0001585521-24-000008
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-01-10 20:23:22
Reporting Period:: 2024-01-08

Accepted Time:: 2024-01-10 20:23:22
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	2024-01-08	68,455	$0.00	150,725	No	4	M	Indirect	See footnote
Class A Common Stock	Disposition	2024-01-08	32,342	$67.46	118,383	No	4	F	Indirect	See footnote
Class A Common Stock	Disposition	2024-01-09	1,221	$68.20	117,162	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2024-01-09	1,200	$68.65	115,962	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2024-01-10	23,540	$68.00	92,422	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	See footnote
No	4	F	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 A Common Stock	Restricted Stock Units	Disposition	2024-01-08	38,282	$0.00	38,282	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2024-01-08	30,173	$0.00	30,173	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
382,812			No	4	M	Direct
301,726			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 A Common Stock	Restricted Stock Units	$0.00			13,851	13,851	Direct
Class A Common Stock	Class B Common Stock	$0.00			22,527,492	22,527,492	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	13,851	13,851	Direct
	22,527,492	22,527,492	Indirect

Footnotes

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.
Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.461 to $67.462. 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 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 $67.51 to $68.445. 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 $68.545 to $68.825. 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 $67.63 to $68.26. 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 July 8, 2022, which will vest in equal quarterly installments over four years.
The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.
The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant.
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.