Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-20-017074
Date:2020-06-16
Issuer: ZOOM VIDEO COMMUNICATIONS, INC. (ZM)
Original Submission Date:

Reporting Person:

EMERGENCE CAPITAL PARTNERS III, L.P.
160 BOVET ROAD, SUITE 300
SAN MATEO, CA 94402

Reporting Person:

EMERGENCE EQUITY PARTNERS III, L.P.
160 BOVET ROAD, SUITE 300
SAN MATEO, CA 94402

Reporting Person:

EZP OPPORTUNITY, L.P.
160 BOVET ROAD, SUITE 300
SAN MATEO, CA 94402

Reporting Person:

EMERGENCE GP PARTNERS, LLC
160 BOVET ROAD, SUITE 300
SAN MATEO, CA 94402

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2020-06-16 C 5,348,400 a $0.00 5,348,400 indirect
CLASS A COMMON STOCK 2020-06-16 J 5,348,400 d $0.00 0 indirect
CLASS A COMMON STOCK 2020-06-16 C 651,600 a $0.00 651,600 indirect
CLASS A COMMON STOCK 2020-06-16 J 651,600 d $0.00 0 indirect
CLASS A COMMON STOCK 2020-06-16 0 $0.00 73,168 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
CLASS B COMMON STOCK 0.0 2020-06-16 deemed execution date C 5,348,400 (d) class a common stock 5,348,400 $0.00 10,687,268 indirect by emergence capital partners iii, l.p.
CLASS B COMMON STOCK 0.0 2020-06-16 deemed execution date C 651,600 (d) class a common stock 651,600 $0.00 1,301,557 indirect by ezp opportunity, l.p.
Footnotes
IDfootnote
f1 on june 16, 2020, emergence capital partners iii, l.p. ("emergence") converted in the aggregate 5,348,400 shares of the issuer's class b common stock into 5,348,400 shares of the issuer's class a common stock. subsequently on the same date, emergence distributed in-kind, without consideration, all 5,348,400 shares of class a common stock pro-rata to its partners, including its limited partners and its general partner, emergence equity partners iii, l.p. ("eep iii"), in accordance with the exemption under rule 16a-9(a) and rule 16a-13 of the securities exchange act of 1934, as amended. upon receipt by eep iii of its pro rata interest of the distribution (1,142,664) shares of class a common stock), eep iii distributed in-kind, without consideration, 1,077,516 of such shares pro-rata to its limited partners in accordance with the exemption under rule 16a-9(a) and rule 16a-13 of the securities exchange act of 1934, as amended.
f2 shares held directly by emergence. the sole general partner of emergence is eep iii, and the sole general partner of eep iii is emergence gp partners, llc ("egp"). each of the reporting persons on this filing (other than emergence) disclaims section 16 beneficial ownership of the shares held by emergence, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for section 16 or any other purpose.
f3 on june 16, 2020, ezp opportunity, l.p. ("ezp") converted in the aggregate 651,600 shares of the issuer's class b common stock into 651,600 shares of the issuer's class a common stock. subsequently on the same date, ezp distributed in-kind, without consideration, all 651,600 shares of class a common stock pro-rata to its partners, including its limited partners and its general partner, eep iii, in accordance with the exemption under rule 16a-9(a) and rule 16a-13 of the securities exchange act of 1934, as amended. upon receipt by eep iii of its pro rata interest of the distribution (130,320 shares of class a common stock), eep iii distributed in-kind, without consideration, 122,300 of such shares pro-rata to its limited partners in accordance with the exemption under rule 16a-9(a) and rule 16a-13 of the securities exchange act of 1934, as amended.
f4 shares held directly by ezp. the sole general partner of ezp is eep iii, and the sole general partner of eep iii is egp. each of the reporting persons on this filing (other than ezp) disclaims section 16 beneficial ownership of the shares held by ezp, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for section 16 or any other purpose.
f5 each share of class b common stock is convertible at the option of the reporting person into one (1) share of class a common stock, and has no expiration date. each share of class b common stock will convert automatically into one (1) share of class a common stock upon certain events specified in the issuer's certificate of incorporation.
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