Zoom Communications, Inc. — Director's Dealing 2020

Jun 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2020-06-17

Reporting Person: Gassner Peter P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-17	Class A Common Stock	M	487	—	Acquired	1461	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-17	Restricted Stock Units	$	M	487	Disposed		Class A Common Stock (487.0)	Direct
2020-06-18	Restricted Stock Units	$	A	2833	Acquired		Class A Common Stock (2833.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0.0		Class A Common Stock (1202720.0)	1202720	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

F2: The Reporting Person received an award of restricted stock units, 1/3 of which will vest on January 29, 2020, 1/3 of which will vest on April 29, 2020, and 1/3 of which will vest on the earlier of (i) July 29,2020 or (ii) the day immediately preceding the date of the annual meeting of the Issuer's stockholders in 2020.

F3: The Reporting Person received an award of restricted stock units on June 18, 2020, which vest in equal installments on each quarterly anniversary date.

F4: 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.