0001585521-20-000262.txt : 20200925
0001585521-20-000262.hdr.sgml : 20200925
20200925191129
ACCESSION NUMBER: 0001585521-20-000262
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200923
FILED AS OF DATE: 20200925
DATE AS OF CHANGE: 20200925
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yuan Eric S.
CENTRAL INDEX KEY: 0001773298
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38865
FILM NUMBER: 201201564
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_160107546769990.xml
FORM 4
X0306
4
2020-09-23
0
0001585521
Zoom Video Communications, Inc.
ZM
0001773298
Yuan Eric S.
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR
SAN JOSE
CA
95113
1
1
1
0
Chief Executive Officer
Class A Common Stock
2020-09-23
4
C
0
107143
0
A
129825
D
Class A Common Stock
2020-09-23
4
S
0
6606
521.3002
D
123219
D
Class A Common Stock
2020-09-23
4
S
0
5555
522.2179
D
117664
D
Class A Common Stock
2020-09-23
4
S
0
3240
523.2839
D
114424
D
Class A Common Stock
2020-09-23
4
S
0
1967
524.4255
D
112457
D
Class A Common Stock
2020-09-23
4
S
0
1568
525.4026
D
110889
D
Class A Common Stock
2020-09-23
4
S
0
1200
526.2521
D
109689
D
Class A Common Stock
2020-09-23
4
S
0
893
527.1244
D
108796
D
Class A Common Stock
2020-09-23
4
S
0
1519
527.7515
D
107277
D
Class A Common Stock
2020-09-23
4
S
0
134
528.363
D
107143
D
Class A Common Stock
2020-09-23
5
G
0
E
107143
0
D
0
D
Class B Common Stock
2020-09-24
4
C
0
107143
0
D
Class A Common Stock
107143.0
23398074
D
Employee Stock Option (right to buy)
3.77
2028-09-24
Class B Common Stock
367415.0
367415
D
Employee Stock Option (right to buy)
4.15
2023-09-24
Class B Common Stock
132585.0
132585
D
Class B Common Stock
Class A Common Stock
9108250.0
9108250
I
See footnote
Class B Common Stock
Class A Common Stock
9108250.0
9108250
I
See footnote
Class B Common Stock
Class A Common Stock
1783500.0
1783500
I
See footnote
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 $520.86 to $521.85. 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 $521.87 to $522.86. 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 $522.91 to $523.88. 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 $523.99 to $524.94 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 $525.00 to $525.94. 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 $526.00 to $526.73. 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 $527.02 to $527.28. 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 $527.30 to $528.30. 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 $528.31 to $528.40. 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.
Represents shares of Class A Common Stock that the Reporting Person donated as a gift to a charitable donor advised fund.
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.
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.
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.
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.
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.
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.
/s/ Aparna Bawa, Attorney-in-Fact
2020-09-25