Zoom Communications, Inc. — Director's Dealing 2021

Mar 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Video Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2021-03-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-10	Class A Common Stock	C	80529	—	Acquired	80529	Indirect
2021-03-10	Class A Common Stock	S	5842	$333.9644	Disposed	74687	Indirect
2021-03-10	Class A Common Stock	S	3192	$334.8823	Disposed	71495	Indirect
2021-03-10	Class A Common Stock	S	7433	$335.9613	Disposed	64062	Indirect
2021-03-10	Class A Common Stock	S	10014	$336.8561	Disposed	54048	Indirect
2021-03-10	Class A Common Stock	S	5784	$337.8965	Disposed	48264	Indirect
2021-03-10	Class A Common Stock	S	4187	$338.9067	Disposed	44077	Indirect
2021-03-10	Class A Common Stock	S	8510	$339.9392	Disposed	35567	Indirect
2021-03-10	Class A Common Stock	S	6865	$340.9681	Disposed	28702	Indirect
2021-03-10	Class A Common Stock	S	4213	$341.8426	Disposed	24489	Indirect
2021-03-10	Class A Common Stock	S	903	$343.0226	Disposed	23586	Indirect
2021-03-10	Class A Common Stock	S	168	$343.9103	Disposed	23418	Indirect
2021-03-10	Class A Common Stock	S	1370	$345.179	Disposed	22048	Indirect
2021-03-10	Class A Common Stock	S	1797	$346.6231	Disposed	20251	Indirect
2021-03-10	Class A Common Stock	S	3141	$347.523	Disposed	17110	Indirect
2021-03-10	Class A Common Stock	S	1969	$348.6791	Disposed	15141	Indirect
2021-03-10	Class A Common Stock	S	7242	$349.6877	Disposed	7899	Indirect
2021-03-10	Class A Common Stock	S	5001	$350.5852	Disposed	2898	Indirect
2021-03-10	Class A Common Stock	S	1798	$351.5096	Disposed	1100	Indirect
2021-03-10	Class A Common Stock	S	176	$352.9624	Disposed	924	Indirect
2021-03-10	Class A Common Stock	S	840	$354.172	Disposed	84	Indirect
2021-03-10	Class A Common Stock	S	84	$355.38	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-10	Class B Common Stock	$	C	80529	Disposed		Class A Common Stock (80529.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (22585512.0)	22585512	Direct
Employee Stock Option (right to buy)	$3.77	2028-09-24	Class B Common Stock (363335.0)	363335	Direct
Employee Stock Option (right to buy)	$4.15	2023-09-24	Class B Common Stock (121040.0)	121040	Direct

Footnotes

F1: 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.

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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.38 to $334.37. 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 $334.38 to $335.36. 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 $335.41 to $336.40. 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 $336.41 to $337.40. 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 $337.41 to $338.39. 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 $338.42 to $339.41. 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 $339.43 to $340.42. 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 $340.43 to $341.41. 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 $341.43 to $342.33. 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 $342.45 to $343.44. 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 $343.61 to $344.22. 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 $344.74 to $345.66. 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.

F15: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.09 to $347.07. 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 $347.10 to $348.09. 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.

F17: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.10 to $349.09. 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.

F18: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.12 to $350.11. 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.

F19: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.12 to $351.11. 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.

F20: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.12 to $352.04. 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.

F21: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.12 to $353.02. 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.

F22: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.74 to $354.73. 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.

F23: 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.

F24: 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.

F25: 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.