0001585521-21-000026.txt : 20210305
0001585521-21-000026.hdr.sgml : 20210305
20210305200419
ACCESSION NUMBER: 0001585521-21-000026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210303
FILED AS OF DATE: 20210305
DATE AS OF CHANGE: 20210305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Scheinman Daniel
CENTRAL INDEX KEY: 0001605698
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38865
FILM NUMBER: 21720348
MAIL ADDRESS:
STREET 1: C/O ARISTA NETWORKS, INC.
STREET 2: 5453 GREAT AMERICA PARKWAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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_161499263483750.xml
FORM 4
X0306
4
2021-03-03
0
0001585521
Zoom Video Communications, Inc.
ZM
0001605698
Scheinman Daniel
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR
SAN JOSE
CA
95113
1
0
0
0
Class A Common Stock
2021-03-03
4
C
0
563131
0
A
563131
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
29849
340.7326
D
533282
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
44417
341.5584
D
488865
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
15125
342.5299
D
473740
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
15766
343.581
D
457974
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
18512
344.4894
D
439462
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
20301
345.6823
D
419161
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
24202
346.4792
D
394959
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
8919
347.5859
D
386040
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
18080
348.6151
D
367960
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
18810
349.6845
D
349150
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
8211
350.5835
D
340939
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
13635
351.7005
D
327304
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
10036
352.6387
D
317268
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
8548
353.7416
D
308720
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
1566
354.4574
D
307154
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
6100
356.0525
D
301054
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
21834
356.8352
D
279220
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
40179
358.0408
D
239041
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
38239
358.8763
D
200802
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
24717
359.9491
D
176085
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
13900
360.9075
D
162185
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
31290
362.0215
D
130895
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
15366
362.8786
D
115529
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
7200
363.7935
D
108329
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
22611
365.0479
D
85718
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
14950
356.0525
D
70768
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
17835
366.9298
D
52933
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
7963
367.8717
D
44970
I
See footnote
Class A Common Stock
2021-03-03
4
S
0
6780
368.9681
D
38190
I
See footnote
Class B Common Stock
2021-03-03
4
C
0
563131
0
D
Class A Common Stock (2)
563131.0
1126281
I
See footnote
Class B Common Stock
Class A Common Stock (2)
790294.0
790294
I
See footnote
Director Stock Option (right to buy)
10.79
2028-11-29
Class B Common Stock
100000.0
100000
D
The shares are held of record by The 2017 Scheinman Irrevocable Trust ("2017 Scheinman Trust"). The trustee for 2017 Scheinman Trust is Neuberger Berman Trust Company of Delaware N.A. The Reporting Person's family members are beneficiaries under the 2017 Scheinman Trust.
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 $340.09 to $341.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.09 to $342.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.09 to $343.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $343.09 to $344.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.09 to $345.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.09 to $346.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.09 to $347.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.09 to $348.08. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.11 to $349.10. 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 $349.11 to $350.05. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.11 to $351.06. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.19 to $352.17. 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 $352.21 to $353.20. 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 $353.21 to $354.07. 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 $354.23 to $354.82. 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 $355.43 to $356.42. 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 $356.43 to $357.43. 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 $357.44 to $358.43. 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 $358.44 to $359.43. 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 $359.44 to $360.43. 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 $360.44 to $361.43. 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 $361.44 to $362.43. 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 $362.44 to $363.40. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.44 to $364.43. 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 $364.45 to $365.43. 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 $365.46 to $366.45. 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 $366.46 to $367.45. 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 $367.46 to $368.38. 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 $368.48 to $369.47. 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.
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 are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.
1/48 of the shares subject to the option vests in equal monthly installments commencing one month from November 29, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.
/s/ Aparna Bawa, Attorney-in-Fact
2021-03-05