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Zoom Communications, Inc. Director's Dealing 2019

May 8, 2019

30221_dirs_2019-05-07_16cc101f-a3bd-4a8a-bcc2-8ebbae691da6.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: Bucantini Enterprises Ltd (10% Owner)
Reporting Person: Prime Doyen Ltd (10% Owner)
Reporting Person: Mayspin Management Ltd (10% Owner)
Reporting Person: Li Ka Shing (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-04-23 Class A Common Stock C 507243 $0.00 Acquired 507243 Direct
2019-04-23 Class A Common Stock S 507243 $34.20 Disposed 0 Direct
2019-04-23 Class A Common Stock P 350000 $36.00 Acquired 350000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-04-23 Series A Convertible Preferred Stock $ C 292386 Disposed Class B Common Stock (292386) Direct
2019-04-23 Series B Convertible Preferred Stock $ C 11934360 Disposed Class B Common Stock (11934360) Direct
2019-04-23 Series C Convertible Preferred Stock $ C 2396020 Disposed Class B Common Stock (2396020) Direct
2019-04-23 Class B Common Stock $ C 14622766 Acquired Class A Common Stock (14622766) Direct
2019-04-23 Class B Common Stock $ C 507243 Disposed Class A Common Stock (507243) 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 Bucantini Enterprises Limited ("Bucantini"). The sole shareholder of Bucantini is Prime Doyen Limited ("Prime Doyen"), the sole shareholder of Prime Doyen is Mayspin Management Limited ("Mayspin"), and the sole shareholder of Mayspin is Li Ka Shing ("Li Ka Shing"). 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 his 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: Bucantini 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 Bucantini sold shares to the underwriters, which is net of underwriting commissions.

F4: Shares purchased by Bonus Goal International Limited ("Bonus Goal") from the underwriters at the closing of the Issuer's initial public offering of Class A Common Stock (the "IPO"). Bonus Goal is wholly-owned by Mayspin, which is wholly-owned by Li Ka Shing. 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 his 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.

F5: 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.