Zoom Communications, Inc. — Director's Dealing 2021

May 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-05-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-05	Class A Common Stock	C	4080	—	Acquired	4080	Direct
2021-05-05	Class A Common Stock	C	11545	—	Acquired	15625	Direct
2021-05-05	Class A Common Stock	S	262	$295.2105	Disposed	15363	Direct
2021-05-05	Class A Common Stock	S	707	$296.0727	Disposed	14656	Direct
2021-05-05	Class A Common Stock	S	1659	$297.3182	Disposed	12997	Direct
2021-05-05	Class A Common Stock	S	521	$297.996	Disposed	12476	Direct
2021-05-05	Class A Common Stock	S	1238	$299.453	Disposed	11238	Direct
2021-05-05	Class A Common Stock	S	969	$300.733	Disposed	10269	Direct
2021-05-05	Class A Common Stock	S	1536	$301.545	Disposed	8733	Direct
2021-05-05	Class A Common Stock	S	1560	$302.674	Disposed	7173	Direct
2021-05-05	Class A Common Stock	S	1662	$303.5593	Disposed	5511	Direct
2021-05-05	Class A Common Stock	S	907	$304.6045	Disposed	4604	Direct
2021-05-05	Class A Common Stock	S	1197	$305.5475	Disposed	3407	Direct
2021-05-05	Class A Common Stock	S	1087	$306.5598	Disposed	2320	Direct
2021-05-05	Class A Common Stock	S	1013	$307.5715	Disposed	1307	Direct
2021-05-05	Class A Common Stock	S	1043	$304.6045	Disposed	264	Direct
2021-05-05	Class A Common Stock	S	232	$309.4072	Disposed	32	Direct
2021-05-05	Class A Common Stock	S	32	$310.2875	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-05	Employee Stock Option (right to buy)	$4.15	M	4080	Disposed	2023-09-24	Class B Common Stock (4080.0)	Direct
2021-05-05	Class B Common Stock	$	M	4080	Acquired		Class A Common Stock (4080.0)	Direct
2021-05-05	Class B Common Stock	$	C	4080	Disposed		Class A Common Stock (4080.0)	Direct
2021-05-05	Employee Stock Option (right to buy)	$3.77	M	11545	Disposed	2028-09-24	Class B Common Stock (11545.0)	Direct
2021-05-05	Class B Common Stock	$	M	11545	Acquired		Class A Common Stock (11545.0)	Direct
2021-05-05	Class B Common Stock	$	C	11545	Disposed		Class A Common Stock (11545.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1714154.0)	1714154	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 $294.63 to $295.61. 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 $295.63 to $296.59. 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 $296.64 to $297.63. 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 $297.64 to $298.50. 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 $298.88 to $299.83. 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 $300.07 to $301.06. 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 $301.07 to $302.06. 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 $302.10 to $303.08. 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 $303.10 to $304.09. 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 $304.10 to $305.09. 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 $305.11 to $306.08. 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 $306.11 to $307.06. 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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.11 to $308.10. 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.

F15: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.12 to $309.11. 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.

F16: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.12 to $309.66. 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.

F17: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.16 to $310.43. 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.

F18: 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.

F19: 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.

F20: 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.

F21: 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.