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Filing Details

Accession Number:: 0001585521-24-000225
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-10-10 21:42:04
Reporting Period:: 2024-10-08

Accepted Time:: 2024-10-10 21:42:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1585521	Zoom Video Communications Inc.	ZM	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1364713	Kelly Steckelberg	C/O Zoom Video Communications, Inc. 55 Almaden Boulevard, 6Th Floor San Jose CA 95113	Chief Financial Officer	No	Yes	No	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	2024-10-08	33,217	$0.00	154,578	No	4	M	Indirect	See footnote
Class A Common Stock	Disposition	2024-10-09	14,151	$68.12	140,427	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	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	2024-10-08	18,576	$0.00	18,576	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2024-10-08	14,641	$0.00	14,641	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
130,032			No	4	M	Direct
102,489			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 B Common Stock	Employee Stock Option (right to buy)	$3.77		2028-09-24	100,000	100,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-09-24	100,000	100,000	Direct

Footnotes

The shares are held of record by Kelly Steckelberg Trust dated July 29, 2006, for which the Reporting Person serves as trustee.
This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
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.
1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.
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. Following the closing of the Issuer's IPO, each share of Class B Common Stock held by the Reporting Person will convert automatically 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. Following the closing of the IPO, 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 IPO.