Eric S. Yuan - 02 Aug 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
02 Aug 2021
Transactions value $
$-5,867,726
Form type
4
Filing time
04 Aug 2021, 18:44:35 UTC
Previous filing
16 Jul 2021
Next filing
05 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Conversion of derivative security $0 +4,080 $0.000000 4,080 02 Aug 2021 Direct
transaction ZM Class A Common Stock Conversion of derivative security $0 +11,545 +283% $0.000000 15,625 02 Aug 2021 Direct
transaction ZM Class A Common Stock Sale $-168,575 -462 -2.96% $364.88* 15,163 02 Aug 2021 Direct F1, F2
transaction ZM Class A Common Stock Sale $-282,986 -774 -5.1% $365.61* 14,389 02 Aug 2021 Direct F1, F3
transaction ZM Class A Common Stock Sale $-166,075 -453 -3.15% $366.61* 13,936 02 Aug 2021 Direct F1, F4
transaction ZM Class A Common Stock Sale $-239,739 -652 -4.68% $367.70* 13,284 02 Aug 2021 Direct F1, F5
transaction ZM Class A Common Stock Sale $-112,784 -306 -2.3% $368.58* 12,978 02 Aug 2021 Direct F1, F6
transaction ZM Class A Common Stock Sale $-184,721 -499 -3.84% $370.18* 12,479 02 Aug 2021 Direct F1, F7
transaction ZM Class A Common Stock Sale $-132,509 -357 -2.86% $371.17* 12,122 02 Aug 2021 Direct F1, F8
transaction ZM Class A Common Stock Sale $-146,260 -393 -3.24% $372.16* 11,729 02 Aug 2021 Direct F1, F9
transaction ZM Class A Common Stock Sale $-268,315 -719 -6.13% $373.18* 11,010 02 Aug 2021 Direct F1, F10
transaction ZM Class A Common Stock Sale $-71,166 -190 -1.73% $374.56* 10,820 02 Aug 2021 Direct F1, F11
transaction ZM Class A Common Stock Sale $-120,138 -320 -2.96% $375.43* 10,500 02 Aug 2021 Direct F1, F12
transaction ZM Class A Common Stock Sale $-230,107 -611 -5.82% $376.61* 9,889 02 Aug 2021 Direct F1, F13
transaction ZM Class A Common Stock Sale $-1,074,542 -2,846 -28.8% $377.56* 7,043 02 Aug 2021 Direct F1, F14
transaction ZM Class A Common Stock Sale $-1,671,296 -4,415 -62.7% $378.55* 2,628 02 Aug 2021 Direct F1, F15
transaction ZM Class A Common Stock Sale $-679,977 -1,792 -68.2% $379.45* 836 02 Aug 2021 Direct F1, F16
transaction ZM Class A Common Stock Sale $-171,594 -451 -53.9% $380.47* 385 02 Aug 2021 Direct F1, F17
transaction ZM Class A Common Stock Sale $-116,372 -305 -79.2% $381.55* 80 02 Aug 2021 Direct F1, F18
transaction ZM Class A Common Stock Sale $-30,570 -80 -100% $382.13* 0 02 Aug 2021 Direct F1, F19

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 Employee Stock Option (right to buy) Options Exercise $0 -4,080 -4.45% $0.000000 87,705 02 Aug 2021 Class B Common Stock 4,080 $4.15 Direct F20, F21
transaction ZM Class B Common Stock Options Exercise $0 +4,080 +0.02% $0.000000 22,589,592 02 Aug 2021 Class A Common Stock 4,080 Direct F21
transaction ZM Class B Common Stock Conversion of derivative security $0 -4,080 -0.02% $0.000000 22,585,512 02 Aug 2021 Class A Common Stock 4,080 Direct F21
transaction ZM Employee Stock Option (right to buy) Options Exercise $0 -11,545 -4.58% $0.000000 240,420 02 Aug 2021 Class B Common Stock 11,545 $3.77 Direct F21, F22
transaction ZM Class B Common Stock Options Exercise $0 +11,545 +0.05% $0.000000 22,597,057 02 Aug 2021 Class A Common Stock 11,545 Direct F21
transaction ZM Class B Common Stock Conversion of derivative security $0 -11,545 -0.05% $0.000000 22,585,512 02 Aug 2021 Class A Common Stock 11,545 Direct F21
holding ZM Class B Common Stock 1,230,980 02 Aug 2021 Class A Common Stock 1,311,509 See footnote F21, F23
* 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 $364.14 to $365.12. 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 $365.16 to $366.13. 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 $366.18 to $367.10. 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.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.21 to $368.20. 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.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.24 to $369.06. 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.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.67 to $370.66. 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.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.70 to $371.67. 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.
F9 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.73 to $372.67 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.
F10 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.76 to $373.74. 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 $374.02 to $374.93. 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 $375.05 to $376.01. 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 $376.05 to $377.04. 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.
F14 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.05 to $378.04. 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.
F15 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.05 to $379.04. 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.
F16 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.05 to $380.04. 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.
F17 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.05 to $381.03. 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 $381.06 to $381.97. 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 $382.08 to $382.20 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.
F20 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.
F21 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.
F22 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.
F23 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.