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Zoom Communications, Inc. — Director's Dealing 2020
Feb 1, 2020
30221_dirs_2020-01-31_73c7c5c7-6279-4f44-9da9-5c7741bb500e.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: 2020-01-30
Reporting Person: Yuan Eric S. (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-30 | Class A Common Stock | C | 50000 | — | Acquired | 50000 | Direct |
| 2020-01-30 | Class A Common Stock | G | 50000 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-30 | Class B Common Stock | $ | C | 50000 | Disposed | Class A Common Stock (50000.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (10000000.0) | 10000000 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (10000000.0) | 10000000 | Indirect |
Footnotes
F1: Represents shares of Class A Common Stock that the reporting person donated as a gift to a charitable donor advised fund.
F2: 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.
F3: The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the Hongyu Zhang 2019 Grantor Retained Annuity Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.
F4: The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the Zheng Yuan 2019 Grantor Retained Annuity Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.