Zoom Communications, Inc. — Director's Dealing 2021

Mar 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Scheinman Daniel (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-03	Class A Common Stock	S	8878	$369.9368	Disposed	29312	Indirect
2021-03-03	Class A Common Stock	S	8200	$370.7617	Disposed	21112	Indirect
2021-03-03	Class A Common Stock	S	1280	$372.2969	Disposed	19832	Indirect
2021-03-03	Class A Common Stock	S	800	$373.0125	Disposed	19032	Indirect
2021-03-03	Class A Common Stock	S	1900	$374.3316	Disposed	17132	Indirect
2021-03-03	Class A Common Stock	S	882	$375.3009	Disposed	16250	Indirect
2021-03-03	Class A Common Stock	S	1400	$376.6429	Disposed	14850	Indirect
2021-03-03	Class A Common Stock	S	6705	$377.6032	Disposed	8145	Indirect
2021-03-03	Class A Common Stock	S	3768	$378.5465	Disposed	4377	Indirect
2021-03-03	Class A Common Stock	S	4177	$379.5017	Disposed	200	Indirect
2021-03-03	Class A Common Stock	S	200	$382.3625	Disposed	0	Indirect
2021-03-03	Class A Common Stock	C	352320	—	Acquired	352320	Indirect
2021-03-03	Class A Common Stock	S	5018	$340.386	Disposed	347302	Indirect
2021-03-03	Class A Common Stock	S	32060	$341.1635	Disposed	315242	Indirect
2021-03-03	Class A Common Stock	S	20446	$341.981	Disposed	294796	Indirect
2021-03-03	Class A Common Stock	S	7509	$343.158	Disposed	287287	Indirect
2021-03-03	Class A Common Stock	S	11641	$344.1122	Disposed	275646	Indirect
2021-03-03	Class A Common Stock	S	9765	$345.1771	Disposed	265881	Indirect
2021-03-03	Class A Common Stock	S	15272	$346.0884	Disposed	250609	Indirect
2021-03-03	Class A Common Stock	S	7712	$347.8081	Disposed	242897	Indirect
2021-03-03	Class A Common Stock	S	11012	$348.3052	Disposed	231885	Indirect
2021-03-03	Class A Common Stock	S	11983	$349.1289	Disposed	219902	Indirect
2021-03-03	Class A Common Stock	S	8280	$350.0397	Disposed	211622	Indirect
2021-03-03	Class A Common Stock	S	5436	$351.2644	Disposed	206186	Indirect
2021-03-03	Class A Common Stock	S	6153	$352.1509	Disposed	200033	Indirect
2021-03-03	Class A Common Stock	S	5122	$353.232	Disposed	194911	Indirect
2021-03-03	Class A Common Stock	S	3893	$353.9837	Disposed	191018	Indirect
2021-03-03	Class A Common Stock	S	1044	$355.3395	Disposed	189974	Indirect
2021-03-03	Class A Common Stock	S	5613	$356.3846	Disposed	184361	Indirect
2021-03-03	Class A Common Stock	S	16895	$357.4732	Disposed	167466	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-03	Class B Common Stock	$	C	352320	Disposed		Class A Common Stock (2) (352320.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (2) (1126281.0)	1126281	Indirect
Director Stock Option (right to buy)	$10.79	2028-11-29	Class B Common Stock (100000.0)	100000	Direct

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 $369.49 to $370.41. 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.

F3: The shares are held of record by The 2017 Scheinman Irrevocable Trust ("2017 Scheinman Trust"). The trustee for 2017 Scheinman Trust is Neuberger Berman Trust Company of Delaware N.A. The Reporting Person's family members are beneficiaries under the 2017 Scheinman Trust.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.49 to $371.40. 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.72 to $372.70. 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 $372.77 to $373.62. 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 $373.93 to $374.67. 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 $375.00 to $375.48. 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 $376.00 to $376.99. 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 $377.00 to $377.87. 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 $378.01 to $378.99. 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 $379.07 to $380.00. 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 $381.59 to $383.14. 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 shares are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.

F15: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.63 to $340.61. 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.

F16: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.63 to $341.62. 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 $341.63 to $342.62. 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 $342.63 to $342.62. 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 $343.63 to $344.62. 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 $344.63 to $345.62. 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 $345.66 to $346.65. 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 $346.67 to $347.66. 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.

F23: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.68 to $348.67. 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.

F24: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.68 to $349.65. 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.

F25: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.69 to $350.64. 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.

F26: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.70 to $351.67. 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.

F27: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.70 to $352.67. 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.

F28: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.70 to $353.69. 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.

F29: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.70 to $354.61. 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.

F30: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.81 to $355.76. 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.

F31: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.88 to $356.87. 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.

F32: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.90 to $357.89. 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.

F33: 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.

F34: 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from November 29, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.