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Zoom Communications, Inc. — Director's Dealing 2019
Dec 21, 2019
30221_dirs_2019-12-20_4cf5d317-95ed-4353-83d2-f818456d4166.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2019-12-18
Reporting Person: Steckelberg Kelly (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-18 | Class A Common Stock | S | 7472 | $67.6271 | Disposed | 214708 | Indirect |
| 2019-12-18 | Class A Common Stock | S | 3595 | $66.3929 | Disposed | 211113 | Indirect |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.28 to $68.11. 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.
F3: Includes 694 shares of Class A Common Stock acquired pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of April 17, 2019 to December 12, 2019. This transaction is exempt from Rule 16b-3(c). 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.
F4: The shares are held of record by Kelly Steckelberg Trust dated July 29, 2006, for which the Reporting Person serves as trustee.
F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.16 to $67.16. 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.