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Zoom Communications, Inc. Director's Dealing 2020

Sep 11, 2020

30221_dirs_2020-09-10_7372d587-7e8c-482a-81df-4a0d8296406e.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: 2020-09-08

Reporting Person: Swanson Bart (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-09-08 Class A Common Stock C 2000 Acquired 2000 Direct
2020-09-08 Class A Common Stock S 40 $347.3345 Disposed 1960 Direct
2020-09-08 Class A Common Stock S 320 $348.6275 Disposed 1640 Direct
2020-09-08 Class A Common Stock S 215 $349.8912 Disposed 1425 Direct
2020-09-08 Class A Common Stock S 60 $350.92 Disposed 1365 Direct
2020-09-08 Class A Common Stock S 140 $352.2257 Disposed 1225 Direct
2020-09-08 Class A Common Stock S 130 $353.1438 Disposed 1095 Direct
2020-09-08 Class A Common Stock S 160 $354.3325 Disposed 935 Direct
2020-09-08 Class A Common Stock S 300 $355.5413 Disposed 635 Direct
2020-09-08 Class A Common Stock S 240 $356.8492 Disposed 395 Direct
2020-09-08 Class A Common Stock S 140 $357.7943 Disposed 255 Direct
2020-09-08 Class A Common Stock S 140 $358.9057 Disposed 115 Direct
2020-09-08 Class A Common Stock S 95 $360.2189 Disposed 20 Direct
2020-09-08 Class A Common Stock S 20 $361.80 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-09-08 Class B Common Stock $ C 2000 Disposed Class A Common Stock (2000.0) Direct

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 $346.90 to $347.60. 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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.18 to $349.00. 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.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.30 to $350.00. 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.76 to $351.03. 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.90 to $352.74. 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.94 to $353.35. 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.99 to $354.80. 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.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.00 to $356.00. 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.

F10: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.33 to $357.29. 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.

F11: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.42 to $358.22. 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.

F12: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.59 to $359.43. 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.

F13: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.94 to $360.79. 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.

F14: 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. Each share of Class B Common Stock held by the Reporting Person will automatically convert 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. 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 Issuer's initial public offering.