Form Type: 4

SEC EDGAR Link
Accession Number:0001585521-20-000196
Date:2020-06-22
Issuer: ZOOM VIDEO COMMUNICATIONS, INC. (ZM)
Original Submission Date:

Reporting Person:

YUAN ERIC S.
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE, CA 95113

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 2020-06-22 C 177,286 a $0.00 177,286 direct
CLASS A COMMON STOCK 2020-06-22 S 5,222 d $249.32 172,064 direct
CLASS A COMMON STOCK 2020-06-22 S 16,671 d $250.32 155,393 direct
CLASS A COMMON STOCK 2020-06-22 S 18,643 d $251.22 136,750 direct
CLASS A COMMON STOCK 2020-06-22 S 22,684 d $252.17 114,066 direct
CLASS A COMMON STOCK 2020-06-22 S 6,222 d $253.12 107,844 direct
CLASS A COMMON STOCK 2020-06-22 S 701 d $254.08 107,143 direct
CLASS A COMMON STOCK 2020-06-22 G 107,143 d $0.00 0 direct
CLASS A COMMON STOCK 2020-06-23 C 70,143 a $0.00 70,143 direct
CLASS A COMMON STOCK 2020-06-23 S 1,796 d $248.53 68,347 direct
CLASS A COMMON STOCK 2020-06-23 S 3,100 d $249.39 65,247 direct
CLASS A COMMON STOCK 2020-06-23 S 6,300 d $250.66 58,947 direct
CLASS A COMMON STOCK 2020-06-23 S 5,300 d $251.58 53,647 direct
CLASS A COMMON STOCK 2020-06-23 S 20,344 d $252.75 33,303 direct
CLASS A COMMON STOCK 2020-06-23 S 25,599 d $253.59 7,704 direct
CLASS A COMMON STOCK 2020-06-23 S 7,704 d $254.26 0 direct
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 2020-06-22 deemed execution date C 177,286 (d) class a common stock 177,286 $0.00 24,140,361 direct
CLASS B COMMON STOCK 0.0 2020-06-23 deemed execution date C 70,143 (d) class a common stock 70,143 $0.00 24,070,218 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 3.77 2020-06-22 deemed execution date 0 ( ) 2028-09-24 class b common stock 367,415 $3.77 367,415 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 4.15 2020-06-22 deemed execution date 0 ( ) 2023-09-24 class b common stock 132,585 $4.15 132,585 direct
CLASS B COMMON STOCK 0.0 2020-06-22 deemed execution date 0 ( ) class a common stock 9,108,250 $0.00 9,108,250 indirect see footnote
CLASS B COMMON STOCK 0.0 2020-06-22 deemed execution date 0 ( ) class a common stock 9,108,250 $0.00 9,108,250 indirect see footnote
CLASS B COMMON STOCK 0.0 2020-06-22 deemed execution date 0 ( ) class a common stock 1,783,500 $0.00 1,783,500 indirect see footnote
Footnotes
IDfootnote
f1 the sales reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $248.75 to $249.74. 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $249.77 to $250.77. 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.
f4 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $250.78 to $251.78. 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.
f5 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $251.79 to $252.79. 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.
f6 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $252.81 to $253.80. 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.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $253.82 to $254.52. 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.
f8 represents shares of class a common stock that the reporting person donated as a gift to a charitable donor advised fund.
f9 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $248.52 to $248.92. 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.
f10 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $248.96 to $249.90. 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.
f11 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $250.03 to $251.02. 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.
f12 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $251.06 to $252.05. 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.
f13 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $252.07 to $253.06. 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.
f14 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $253.08 to $254.08. 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.
f15 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $254.09 to $254.65. 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.
f16 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.
f17 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.
f18 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.
f19 the shares are held of record by zheng yuan and hongyu zhang, cotrustees of the hongyu zhang 2019 grantor retained annuity trust, for which the reporting person and the reporting person's spouse serve as cotrustees.
f20 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.
f21 the shares are 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.
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