X0306 4 2020-01-06 0 0001585521 Zoom Video Communications, Inc. ZM 0001526541 Emergence Capital Partners III, L.P. 160 BOVET ROAD, SUITE 300 SAN MATEO CA 94402 0 0 1 0 0001773803 Emergence Equity Partners III, L.P. 160 BOVET ROAD, SUITE 300 SAN MATEO CA 94402 0 0 1 0 0001691097 EZP Opportunity, L.P. 160 BOVET ROAD, SUITE 300 SAN MATEO CA 94402 0 0 1 0 0001589115 EMERGENCE GP PARTNERS, LLC 160 BOVET ROAD, SUITE 300 SAN MATEO CA 94402 0 0 1 0 Class A Common Stock 2020-01-06 4 C 0 1448524 0.00 A 1448524 I By Emergence Capital Partners III, L.P. Class A Common Stock 2020-01-06 4 J 0 1448524 0.00 D 0 I By Emergence Capital Partners III, L.P. Class A Common Stock 2020-01-06 4 C 0 176476 0.00 A 176476 I By EZP Opportunity, L.P. Class A Common Stock 2020-01-06 4 J 0 176476 0.00 D 0 I By EZP Opportunity, L.P. Class B Common Stock 2020-01-06 4 C 0 1448524 0.00 D Class A Common Stock 1448524 24169692 I By Emergence Capital Partners III, L.P. Class B Common Stock 2020-01-06 4 C 0 176476 0.00 D Class A Common Stock 176476 2944133 I By EZP Opportunity, L.P. On January 6, 2020, Emergence Capital Partners III, L.P. ("Emergence") converted in the aggregate 1,448,524 shares of the Issuer's Class B Common Stock into 1,448,524 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Emergence distributed in-kind, without consideration, all 1,448,524 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Emergence Equity Partners III, L.P. ("EEP III"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Of the distributed shares, 1,002,824 shares were distributed pursuant to a 10b5-1 plan adopted by Emergence on September 27, 2019. (continued from footnote 1) Upon receipt by EEP III of its pro rata interest of the distribution (142,983 shares of Class A Common Stock), EEP III distributed in-kind, without consideration, all such shares pro-rata to its limited partners in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Shares held directly by Emergence. The sole general partner of Emergence is EEP III, and the sole general partner of EEP III is Emergence GP Partners, LLC ("EGP"). Each of the Reporting Persons on this filing (other than Emergence) disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose. On January 6, 2020, EZP Opportunity, L.P. ("EZP") converted in the aggregate 176,476 shares of the Issuer's Class B Common Stock into 176,476 shares of the Issuer's Class A Common Stock. Subsequently on the same date, EZP distributed in-kind, without consideration, all 176,476 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, EEP III, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Of the distributed shares, 122,176 shares were distributed pursuant to a 10b5-1 plan adopted by EZP on September 27, 2019. Upon receipt by EEP III of its pro rata interest of the distribution (19,973 shares of Class A Common Stock), EEP III distributed in-kind, without consideration, all such shares pro-rata to its limited partners in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Shares held directly by EZP. The sole general partner of EZP is EEP III, and the sole general partner of EEP III is EGP. Each of the Reporting Persons on this filing (other than EZP) disclaims Section 16 beneficial ownership of the shares held by EZP, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose. Each share of Class B Common Stock is convertible at the option of the Reporting Person into one (1) share of Class A Common Stock, and has no expiration date. Each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon certain events specified in the Issuer's certificate of incorporation. Emergence Capital Partners III, L.P., By: Emergence Equity Partners III, L.P., its sole general partner, By: Emergence GP Partners, LLC, its sole general partner, /s/ Jason Green, Manager 2020-01-08 Emergence Equity Partners III, L.P., By: Emergence GP Partners, LLC, its sole general partner, /s/ Jason Green, Manager 2020-01-08 EZP Opportunity, L.P., By: Emergence Equity Partners III, L.P., its sole general partner, By: Emergence GP Partners, LLC, its sole general partner, /s/ Jason Green, Manager 2020-01-08 Emergence GP Partners, LLC, /s/ Jason Green, Manager 2020-01-08