Zoom Communications, Inc. — Director's Dealing 2025

Mar 22, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zoom Communications, Inc. (ZM)
CIK: 0001585521
Period of Report: 2024-12-04

Reporting Person: Subotovsky Santiago (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-04	Class A Common Stock	C	193	—	Acquired	193	Indirect
2024-12-04	Class A Common Stock	S	193	$82.90	Disposed	0	Indirect
2024-12-24	Class A Common Stock	C	704064	—	Acquired	0	Indirect
2024-12-24	Class A Common Stock	C	704257	—	Acquired	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-12-04	Class B Common Stock	$	C	193	Disposed		Class A Common Stock (193)	Indirect
2024-12-24	Class B Common Stock	$	C	704064	Disposed		Class A Common Stock (704064)	Indirect
2024-12-24	Class B Common Stock	$	C	704257	Disposed		Class A Common Stock (704257)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	171927	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (4361)	4361	Direct

Footnotes

F1: On December 4, 2024, EZP Opportunity, L.P. (EZP) converted in the aggregate 193 shares of the Issuer's Class B Common Stock into 193 shares of the Issuer's Class A Common Stock.

F2: Shares held directly by EZP. The sole general partner of EZP is Emergence Equity Partners III, L.P. (EEP III), and the sole general partner of EEP III is Emergence GP Partners, LLC (EGP). The reporting person is a member of EEP III. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by EZP, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.

F3: On December 24, 2024, EZP converted in the aggregate 704,064 shares of the Issuer's Class B Common Stock into 704,064 shares of the Issuer's Class A Common Stock. Subsequently, on the same date, EZP distributed in-kind, without consideration, all 704,064 shares of the Issuer's Class A Common Stock pro-rata to its partners in accordance with the exemptions under Rule 16a-9(a) (Rule 16a-9(a)) and Rule 16a-13 (Rule 16a-13) of the Securities Exchange Act of 1934, as amended.

F4: Reflects the pro rata distribution in-kind, without consideration, of all 704,064 shares of the Issuer's Class A Common Stock by EZP to its partners in accordance with the exemptions under Rules 16a-9(a) and 16a-13.

F5: On December 24, 2024, Emergence Capital Partners III, L.P. (Emergence) converted in the aggregate 704,257 shares of the Issuer's Class B Common Stock into 704,257 shares of the Issuer's Class A Common Stock. Subsequently, on the same date, Emergence distributed in-kind, without consideration, all 704,257 shares of the Issuer's Class A Common Stock pro-rata to its partners in accordance with the exemptions under Rule 16a-9(a) and 16a-13.

F6: Reflects the pro rata distribution in-kind, without consideration, of all 704,257 shares of the Issuer's Class A Common Stock by Emergence to its partners in accordance with the exemptions under Rules 16a-9(a) and 16a-13.

F7: Shares held directly by Emergence. The sole general partner of Emergence is EEP III, and the sole general partner of EEP III is EGP. The Reporting Person is a member of EEP III. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.

F8: Balance reflects the Reporting Persons receipt of 13,379 shares of the Issuer's Class A Common Stock in a pro-rata distribution from EZP and Emergence on 12/24/2024. Includes 6,178 shares of the Issuer's Class A Common Stock acquired upon the vesting of restricted stock units that are held for the benefit of EEP III.

F9: Each share of Class B Common Stock is convertible at the option of Emergence and EZP, as applicable, into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by Emergence and EZP, as applicable, will automatically convert into one share of Class A Common Stock upon any transfer by Emergence and EZP, as applicable, except certain Permitted Transfers described in the Issuers 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 Eric S. 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 Issuers initial public offering.

F10: Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

F11: The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).

F12: This award is held for the benefit of EEP III.