QUALCOMM INC/DE — Director's Dealing 2019

Apr 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2019-04-23

Reporting Person: QUALCOMM INC/DE (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-23	Class A Common Stock	C	848877	—	Acquired	848877	Direct
2019-04-23	Class A Common Stock	S	848877	$34.20	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-23	Series A Preferred Stock	$	C	3333332	Disposed		Class B Common Stock (3333332)	Direct
2019-04-23	Class B Common Stock	$	C	3333332	Acquired		Class A Common Stock (3333332)	Indirect
2019-04-23	Series C Preferred Stock	$	C	543176	Disposed		Class B Common Stock (543176)	Direct
2019-04-23	Class B Common Stock	$	C	543176	Acquired		Class A Common Stock (543176)	Indirect
2019-04-23	Series D Preferred Stock	$	C	353324	Disposed		Class B Common Stock (353324)	Direct
2019-04-23	Class B Common Stock	$	C	353324	Acquired		Class A Common Stock (353324)	Indirect
2019-04-23	Class B Common Stock	$	C	848877	Disposed		Class A Common Stock (848877)	Indirect

Footnotes

F1: Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, or (ii) the occurrence of certain other events as specified in the Issuer's amended and restated certificate of incorporation.

F2: Each share of preferred stock automatically converted into Class B Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F3: 14,552 shares are held by Qualcomm Global Trading Pte. Ltd., an indirect, wholly-owned subsidiary of the Reporting Person. The remaining shares are held directly by the Reporting Person.