0001585521-20-000188.txt : 20200622 0001585521-20-000188.hdr.sgml : 20200622 20200622183821 ACCESSION NUMBER: 0001585521-20-000188 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200618 FILED AS OF DATE: 20200622 DATE AS OF CHANGE: 20200622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Steckelberg Kelly CENTRAL INDEX KEY: 0001364713 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38865 FILM NUMBER: 20979900 MAIL ADDRESS: STREET 1: C/O ZOOM VIDEO COMMUNICATIONS, INC. STREET 2: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zoom Video Communications, Inc. CENTRAL INDEX KEY: 0001585521 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 611648780 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: (888) 799-9666 MAIL ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 4 1 wf-form4_159286548367518.xml FORM 4 X0306 4 2020-06-18 0 0001585521 Zoom Video Communications, Inc. ZM 0001364713 Steckelberg Kelly C/O ZOOM VIDEO COMMUNICATIONS, INC. 55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE CA 95113 0 1 0 0 Chief Financial Officer Class A Common Stock 2020-06-18 4 C 0 5982 0 A 12454 I See footnote Class A Common Stock 2020-06-18 4 S 0 5165 239.864 D 7289 I See footnote Class A Common Stock 2020-06-18 4 S 0 4200 240.6824 D 3089 I See footnote Class A Common Stock 2020-06-18 4 S 0 1600 241.8575 D 1489 I See footnote Class A Common Stock 2020-06-18 4 S 0 101 242.4807 D 1388 I See footnote Employee Stock Option (right to buy) 1.31 2020-06-18 4 M 0 5982 0 D 2028-01-06 Class B Common Stock 5982.0 978398 D Class B Common Stock 2020-06-18 4 M 0 5982 0 A Class A Common Stock 5982.0 5982 D Class B Common Stock 2020-06-18 4 C 0 5982 0 D Class A Common Stock 5982.0 0 D Includes 694 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2019 to June 12, 2020. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on April 17, 2019. The shares are held of record by Kelly Steckelberg Trust dated July 29, 2006, for which the Reporting Person serves as trustee. 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 $239.21 to $240.21. 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 $240.25 to $241.22. 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 $241.45 to $242.38. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.48 to $242.55. 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. 1/4 of the shares subject to the option vested on November 6, 2018, and 1/48 of the shares vest monthly thereafter. 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. 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. /s/ Aparna Bawa, Attorney-in-Fact 2020-06-22