Zoom Communications, Inc. — Director's Dealing 2021

Dec 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-12-16

Reporting Person: Yuan Eric S. (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-16	Class A Common Stock	C	4080	—	Acquired	4080	Direct
2021-12-16	Class A Common Stock	C	11545	—	Acquired	15625	Direct
2021-12-16	Class A Common Stock	S	954	$177.5431	Disposed	14671	Direct
2021-12-16	Class A Common Stock	S	2016	$178.4222	Disposed	12655	Direct
2021-12-16	Class A Common Stock	S	3180	$179.3055	Disposed	9475	Direct
2021-12-16	Class A Common Stock	S	1402	$180.3611	Disposed	8073	Direct
2021-12-16	Class A Common Stock	S	1008	$181.5344	Disposed	7065	Direct
2021-12-16	Class A Common Stock	S	3899	$182.4425	Disposed	3166	Direct
2021-12-16	Class A Common Stock	S	2019	$183.4259	Disposed	1147	Direct
2021-12-16	Class A Common Stock	S	987	$184.3159	Disposed	160	Direct
2021-12-16	Class A Common Stock	S	160	$185.2861	Disposed	0	Direct
2021-12-16	Class A Common Stock	C	80528	—	Acquired	80528	Indirect
2021-12-16	Class A Common Stock	S	4940	$177.5416	Disposed	75588	Indirect
2021-12-16	Class A Common Stock	S	10417	$178.4218	Disposed	65171	Indirect
2021-12-16	Class A Common Stock	S	16408	$179.3058	Disposed	48763	Indirect
2021-12-16	Class A Common Stock	S	7084	$180.3502	Disposed	41679	Indirect
2021-12-16	Class A Common Stock	S	5209	$181.5351	Disposed	36470	Indirect
2021-12-16	Class A Common Stock	S	20094	$182.4422	Disposed	16376	Indirect
2021-12-16	Class A Common Stock	S	10448	$183.4262	Disposed	5928	Indirect
2021-12-16	Class A Common Stock	S	5088	$184.3153	Disposed	840	Indirect
2021-12-16	Class A Common Stock	S	840	$185.2862	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-16	Employee Stock Option (right to buy)	$4.15	M	4080	Disposed	2023-09-24	Class B Common Stock (4080.0)	Direct
2021-12-16	Class B Common Stock	$	M	4080	Acquired		Class A Common Stock (4080.0)	Direct
2021-12-16	Class B Common Stock	$	C	4080	Disposed		Class A Common Stock (4080.0)	Direct
2021-12-16	Employee Stock Option (right to buy)	$3.77	M	11545	Disposed	2028-09-24	Class B Common Stock (11545.0)	Direct
2021-12-16	Class B Common Stock	$	M	11545	Acquired		Class A Common Stock (11545.0)	Direct
2021-12-16	Class B Common Stock	$	C	11545	Disposed		Class A Common Stock (11545.0)	Direct
2021-12-16	Class B Common Stock	$	C	80529	Disposed		Class A Common Stock (80529.0)	Indirect

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 $176.93 to $177.92. 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 $177.93 to $178.92. 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 $178.93 to $179.92. 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 $179.93 to $180.88. 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 $180.93 to $181.92. 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 $181.93 to $182.92. 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 $182.93 to $183.92. 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 $183.93 to $184.90. 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 $185.01 to $185.60. 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.

F11: The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.

F12: The shares subject to the option vest in monthly installments as follows: approximately 8,840 shares vested on October 24, 2018 and approximately 8,840 shares vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 2,210 shares vested on January 24, 2019 and approximately 2,210 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 2,945 shares vest on the 24th day of each month thereafter through and including September 24, 2022.

F13: 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.

F14: The shares subject to the option vest in monthly installments as follows: approximately 1,577 shares vested on October 24, 2018 and approximately 1,577 vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 8,207 shares vested on January 24, 2019 and approximately 8,207 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 7,472 shares vest on the 24th day of each month thereafter through and including September 24, 2022. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.