0001585521-23-000228.txt : 20231010
0001585521-23-000228.hdr.sgml : 20231010
20231010193658
ACCESSION NUMBER: 0001585521-23-000228
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231005
FILED AS OF DATE: 20231010
DATE AS OF CHANGE: 20231010
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Crehan Shane
CENTRAL INDEX KEY: 0001765578
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38865
FILM NUMBER: 231319138
MAIL ADDRESS:
STREET 1: C/O EVENTBRITE, INC.
STREET 2: 155 5TH STREET, 7TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
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
wk-form4_1696981008.xml
FORM 4
X0508
4
2023-10-05
0
0001585521
Zoom Video Communications, Inc.
ZM
0001765578
Crehan Shane
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR
SAN JOSE
CA
95113
0
1
0
0
Chief Accounting Officer
1
Class A Common Stock
2023-10-05
4
M
0
4861
0
A
4861
D
Class A Common Stock
2023-10-05
4
F
0
2494
63.9018
D
2367
D
Class A Common Stock
2023-10-09
4
S
0
2367
63.97
D
0
D
Restricted Stock Units
2023-10-05
4
M
0
691
0
D
Class A Common Stock
691
2762
D
Restricted Stock Units
2023-10-05
4
M
0
186
0
D
Class A Common Stock
186
744
D
Restricted Stock Units
2023-10-05
4
M
0
3984
0
D
Class A Common Stock
3984
15936
D
Restricted Stock Units
Class A Common Stock
21720
21720
D
Restricted Stock Units
Class A Common Stock
3463
3463
D
Restricted Stock Units
Class A Common Stock
14436
14436
D
Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.902 to $63.9036. 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
The Reporting Person received an award of restricted stock units, 1/4 of which will vest on October 5, 2021 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting Person's continuous service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by the Reporting Person under certain circumstances in connection with a change in control of the Issuer.
The Reporting Person received an award of restricted stock units on October 8, 2021, 1/12 of which vests on January 5, 2022 and the remaining units vesting in equal quarterly installments over the next 11 quarters subject to the Reporting Person's continuous service as of such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by theReporting Person under certain circumstances in connection with a change in control of the Issuer.
The Reporting Person received an award of restricted stock units on October 7, 2022, which will vest in equal quarterly installments over two years.
The Reporting Person received an award of restricted stock units on September 9, 2022, 1/4 of which will vest on the anniversary date of the award. The remaining units will vest in equal quarterlyinstallments thereafter.
The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant.
The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
/s/ Aparna Bawa, Attorney-in-Fact
2023-10-10