Zoom Communications, Inc. — Director's Dealing 2019

Apr 17, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2019-04-17

Reporting Person: Benhorin Roy (Chief Accounting Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0.00		Class A Common Stock (480000)		Direct
Employee Stock Option (right to buy)	$0.1375	2025-11-13	Class B Common Stock (240000)		Direct
Employee Stock Option (right to buy)	$3.77	2028-09-24	Class B Common Stock (100000)		Direct

Footnotes

F1: 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. Following the closing of the Issuer's IPO, 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. Following the closing of the IPO, 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 IPO.

F2: 1/4 of the shares subject to the option vested on November 9, 2016, and 1/48 of the shares vest monthly thereafter.

F3: 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018.