Zoom Communications, Inc. — Director's Dealing 2021

Jun 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-06-14

Reporting Person: Pelosi Janine (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-14	Class A Common Stock	C	4000	—	Acquired	21572	Direct
2021-06-14	Class A Common Stock	S	4000	$361.90	Disposed	17572	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-14	Employee Stock Option (right to buy)	$3.77	M	4000	Disposed	2028-09-06	Class B Common Stock (4000.0)	Direct
2021-06-14	Class B Common Stock	$	M	4000	Acquired		Class A Common Stock (4000.0)	Direct
2021-06-14	Class B Common Stock	$	C	4000	Disposed		Class A Common Stock (4000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	7310	Indirect
Class A Common Stock	7310	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (225.0)	225	Direct

Footnotes

F1: Includes 695 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on April 17, 2019.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F3: The shares are held of record by the JJ Pelosi 2021 Zoom GRAT, for which the Reporting Person's spouse serves as trustee.

F4: The shares are held of record by the JA Pelosi 2021 Zoom GRAT, for which the Reporting Person serves as trustee.

F5: 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from July 11, 2018.

F6: 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 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. 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.

F7: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

F8: The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.