Eric S. Yuan - 05 May 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
05 May 2021
Transactions value $
-$24,364,964
Form type
4
Filing time
07 May 2021, 18:59:07 UTC
Next filing
07 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +80.5K $0.00 80.5K 05 May 2021 Direct
transaction ZM Class A Common Stock Sale -$404K -1.37K -1.7% $295.21 79.2K 05 May 2021 Direct F1, F2
transaction ZM Class A Common Stock Sale -$1.08M -3.63K -4.59% $296.07 75.5K 05 May 2021 Direct F1, F3
transaction ZM Class A Common Stock Sale -$2.34M -7.86K -10.4% $297.28 67.7K 05 May 2021 Direct F1, F4
transaction ZM Class A Common Stock Sale -$1.04M -3.48K -5.15% $297.91 64.2K 05 May 2021 Direct F1, F5
transaction ZM Class A Common Stock Sale -$1.92M -6.41K -9.99% $299.45 57.8K 05 May 2021 Direct F1, F6
transaction ZM Class A Common Stock Sale -$1.51M -5.01K -8.67% $300.73 52.8K 05 May 2021 Direct F1, F7
transaction ZM Class A Common Stock Sale -$2.41M -7.99K -15.14% $301.55 44.8K 05 May 2021 Direct F1, F8
transaction ZM Class A Common Stock Sale -$2.28M -7.53K -16.81% $302.67 37.2K 05 May 2021 Direct F1, F9
transaction ZM Class A Common Stock Sale -$2.62M -8.62K -23.14% $303.56 28.6K 05 May 2021 Direct F1, F10
transaction ZM Class A Common Stock Sale -$1.44M -4.72K -16.49% $304.60 23.9K 05 May 2021 Direct F1, F11
transaction ZM Class A Common Stock Sale -$1.9M -6.22K -26.04% $305.55 17.7K 05 May 2021 Direct F1, F12
transaction ZM Class A Common Stock Sale -$1.73M -5.64K -31.91% $306.56 12K 05 May 2021 Direct F1, F13
transaction ZM Class A Common Stock Sale -$1.61M -5.25K -43.58% $307.57 6.79K 05 May 2021 Direct F1, F14
transaction ZM Class A Common Stock Sale -$1.67M -5.41K -79.6% $308.56 1.39K 05 May 2021 Direct F1, F15
transaction ZM Class A Common Stock Sale -$377K -1.22K -87.88% $309.41 168 05 May 2021 Direct F1, F16
transaction ZM Class A Common Stock Sale -$52.1K -168 -100% $310.29 0 05 May 2021 Direct F1, F17

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZM Class B Common Stock Conversion of derivative security $0 -80.5K -4.7% $0.00 1.63M 05 May 2021 Class A Common Stock 80.5K See footnote F18, F19
holding ZM Class B Common Stock 22.6M 05 May 2021 Class A Common Stock 22.6M Direct F18
holding ZM Employee Stock Option (right to buy) 310K 05 May 2021 Class B Common Stock 310K $3.77 Direct F18, F20
holding ZM Employee Stock Option (right to buy) 112K 05 May 2021 Class B Common Stock 112K $4.15 Direct F18, F21
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $296.58. 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 $296.59 to $297.58. 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 $297.59 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 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.
F19 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.
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 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.