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Zoom Communications, Inc. Director's Dealing 2021

Mar 6, 2021

30221_dirs_2021-03-05_966d877f-b903-4701-b5be-9f33129524f6.zip

Director's Dealing

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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 C 563131 Acquired 563131 Indirect
2021-03-03 Class A Common Stock S 29849 $340.7326 Disposed 533282 Indirect
2021-03-03 Class A Common Stock S 44417 $341.5584 Disposed 488865 Indirect
2021-03-03 Class A Common Stock S 15125 $342.5299 Disposed 473740 Indirect
2021-03-03 Class A Common Stock S 15766 $343.581 Disposed 457974 Indirect
2021-03-03 Class A Common Stock S 18512 $344.4894 Disposed 439462 Indirect
2021-03-03 Class A Common Stock S 20301 $345.6823 Disposed 419161 Indirect
2021-03-03 Class A Common Stock S 24202 $346.4792 Disposed 394959 Indirect
2021-03-03 Class A Common Stock S 8919 $347.5859 Disposed 386040 Indirect
2021-03-03 Class A Common Stock S 18080 $348.6151 Disposed 367960 Indirect
2021-03-03 Class A Common Stock S 18810 $349.6845 Disposed 349150 Indirect
2021-03-03 Class A Common Stock S 8211 $350.5835 Disposed 340939 Indirect
2021-03-03 Class A Common Stock S 13635 $351.7005 Disposed 327304 Indirect
2021-03-03 Class A Common Stock S 10036 $352.6387 Disposed 317268 Indirect
2021-03-03 Class A Common Stock S 8548 $353.7416 Disposed 308720 Indirect
2021-03-03 Class A Common Stock S 1566 $354.4574 Disposed 307154 Indirect
2021-03-03 Class A Common Stock S 6100 $356.0525 Disposed 301054 Indirect
2021-03-03 Class A Common Stock S 21834 $356.8352 Disposed 279220 Indirect
2021-03-03 Class A Common Stock S 40179 $358.0408 Disposed 239041 Indirect
2021-03-03 Class A Common Stock S 38239 $358.8763 Disposed 200802 Indirect
2021-03-03 Class A Common Stock S 24717 $359.9491 Disposed 176085 Indirect
2021-03-03 Class A Common Stock S 13900 $360.9075 Disposed 162185 Indirect
2021-03-03 Class A Common Stock S 31290 $362.0215 Disposed 130895 Indirect
2021-03-03 Class A Common Stock S 15366 $362.8786 Disposed 115529 Indirect
2021-03-03 Class A Common Stock S 7200 $363.7935 Disposed 108329 Indirect
2021-03-03 Class A Common Stock S 22611 $365.0479 Disposed 85718 Indirect
2021-03-03 Class A Common Stock S 14950 $356.0525 Disposed 70768 Indirect
2021-03-03 Class A Common Stock S 17835 $366.9298 Disposed 52933 Indirect
2021-03-03 Class A Common Stock S 7963 $367.8717 Disposed 44970 Indirect
2021-03-03 Class A Common Stock S 6780 $368.9681 Disposed 38190 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-03 Class B Common Stock $ C 563131 Disposed Class A Common Stock (2) (563131.0) Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (2) (790294.0) 790294 Indirect
Director Stock Option (right to buy) $10.79 2028-11-29 Class B Common Stock (100000.0) 100000 Direct

Footnotes

F1: 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.

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 $340.09 to $341.08. 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.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.09 to $342.08. 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.09 to $343.08. 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $343.09 to $344.08. 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.09 to $345.08. 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.09 to $346.08. 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.

F9: 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 $347.08. 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 $347.09 to $348.08. 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.

F11: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.11 to $349.10. 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.

F12: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.11 to $350.05. 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 $350.11 to $351.06. 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 $351.19 to $352.17. 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 $352.21 to $353.20. 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 $353.21 to $354.07. 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.

F17: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.23 to $354.82. 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 $355.43 to $356.42. 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.

F19: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.43 to $357.43. 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.

F20: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.44 to $358.43. 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.

F21: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.44 to $359.43. 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.

F22: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.44 to $360.43. 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.

F23: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.44 to $361.43. 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.

F24: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.44 to $362.43. 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.

F25: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.44 to $363.40. 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.

F26: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.44 to $364.43. 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.

F27: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.45 to $365.43. 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.

F28: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $365.46 to $366.45. 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 $366.46 to $367.45. 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 $367.46 to $368.38. 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 $368.48 to $369.47. 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: 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.

F33: The shares are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.

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.