Filing Details

Accession Number:
0001585521-21-000157
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-16 18:54:45
Reporting Period:
2021-06-14
Accepted Time:
2021-06-16 18:54:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1585521 Zoom Video Communications Inc. ZM Services-Computer Programming, Data Processing, Etc. (7370) 611648780
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1773299 Janine Pelosi C/O Zoom Video Communications, Inc.
55 Almaden Boulevard, 6Th Floor
San Jose CA 95113
Chief Marketing Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-06-14 4,000 $0.00 21,572 No 4 C Direct
Class A Common Stock Disposition 2021-06-14 4,000 $361.90 17,572 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (right to buy) Disposition 2021-06-14 4,000 $0.00 4,000 $3.77
Class A Common Stock Class B Common Stock Acquisiton 2021-06-14 4,000 $0.00 4,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-06-14 4,000 $0.00 4,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
225,890 2028-09-06 No 4 M Direct
4,000 No 4 M Direct
0 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 7,310 Indirect See footnote
Class A Common Stock 7,310 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Restricted Stock Units $0.00 225 225 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
225 225 Direct
Footnotes
  1. Includes 695 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on April 17, 2019.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. The shares are held of record by the JJ Pelosi 2021 Zoom GRAT, for which the Reporting Person's spouse serves as trustee.
  4. The shares are held of record by the JA Pelosi 2021 Zoom GRAT, for which the Reporting Person serves as trustee.
  5. 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from July 11, 2018.
  6. 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 convert automatically 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.
  7. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
  8. The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.