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Zoom Communications, Inc. — Director's Dealing 2019
May 8, 2019
30221_dirs_2019-05-07_5dbc786a-d2c0-4b9d-8cdd-b71292a5418b.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: 2019-04-23
Reporting Person: Puccini World Ltd (10% Owner)
Reporting Person: Oscar Time Ltd (10% Owner)
Reporting Person: Cranwood Co Ltd (10% Owner)
Reporting Person: Composers International Ltd (10% Owner)
Reporting Person: Chau Hoi Shuen Solina Holly (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-23 | Class A Common Stock | C | 223124 | $0.00 | Acquired | 223124 | Direct |
| 2019-04-23 | Class A Common Stock | S | 223124 | $34.20 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-23 | Series A Convertible Preferred Stock | $ | C | 76355 | Disposed | Class B Common Stock (76355) | Direct | |
| 2019-04-23 | Series B Convertible Preferred Stock | $ | C | 7956240 | Disposed | Class B Common Stock (7956240) | Direct | |
| 2019-04-23 | Series C Convertible Preferred Stock | $ | C | 1597344 | Disposed | Class B Common Stock (1597344) | Direct | |
| 2019-04-23 | Class B Common Stock | $ | C | 9629939 | Acquired | Class A Common Stock (9629939) | Direct | |
| 2019-04-23 | Class B Common Stock | $ | C | 223124 | Disposed | Class A Common Stock (223124) | Direct | |
| 2019-04-23 | Series A Convertible Preferred Stock | $ | C | 46667 | Disposed | Class B Common Stock (46667) | Direct | |
| 2019-04-23 | Class B Common Stock | $ | C | 46667 | Acquired | Class A Common Stock (46667) | Direct |
Footnotes
F1: 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. In connection with the sale of the Class A Common Stock by certain Reporting Persons as reported above, each share of Class B Common Stock converted into one (1) share of Class A Common Stock.
F2: Shares held directly by Puccini World Limited ("Puccini"). Puccini is directly wholly-owned by Chau Hoi Shuen Solina Holly ("Solina Chau"). Each of the reporting persons on this filing disclaims Section 16 beneficial ownership of the shares, except to the extent, if any, of its or her 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.
F3: The Reporting Person sold shares to the underwriters in connection with the closing of the Issuer's initial public offering. The reported sale price reflects the price at which the Reporting Person sold shares to the underwriters, which is net of underwriting commissions.
F4: Each share of convertible preferred stock automatically converted into one (1) share of Class B Common Stock immediately prior to the closing of the IPO, and had no expiration date.
F5: Shares held directly by Oscar Time Limited ("Oscar Time"). Oscar Time is wholly-owned by Cranwood Company Limited, which is wholly-owned by Composers International Limited, which is wholly-owned by Solina Chau. Each of the reporting persons on this filing disclaims Section 16 beneficial ownership of the shares, except to the extent, if any, of its or her 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.