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