Eric S. Yuan - 20 Sep 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
20 Sep 2021
Net transactions value
-$26,902,291
Form type
4
Filing time
22 Sep 2021, 18:28:57 UTC
Previous filing
05 Aug 2021
Next filing
22 Sep 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 20 Sep 2021 Direct
transaction ZM Class A Common Stock Conversion of derivative security $0 +11,545 +283% $0.000000 15,625 20 Sep 2021 Direct
transaction ZM Class A Common Stock Sale $491,652 -1,771 -11% $277.61 13,854 20 Sep 2021 Direct F1, F2
transaction ZM Class A Common Stock Sale $894,667 -3,214 -23% $278.37 10,640 20 Sep 2021 Direct F1, F3
transaction ZM Class A Common Stock Sale $1,161,934 -4,158 -39% $279.45 6,482 20 Sep 2021 Direct F1, F4
transaction ZM Class A Common Stock Sale $858,824 -3,063 -47% $280.39 3,419 20 Sep 2021 Direct F1, F5
transaction ZM Class A Common Stock Sale $517,491 -1,839 -54% $281.40 1,580 20 Sep 2021 Direct F1, F6
transaction ZM Class A Common Stock Sale $273,323 -968 -61% $282.36 612 20 Sep 2021 Direct F1, F7
transaction ZM Class A Common Stock Sale $68,282 -241 -39% $283.33 371 20 Sep 2021 Direct F1, F8
transaction ZM Class A Common Stock Sale $105,443 -371 -100% $284.21 0 20 Sep 2021 Direct F1, F9
transaction ZM Class A Common Stock Conversion of derivative security $0 +80,529 $0.000000 80,529 20 Sep 2021 See footnote F10
transaction ZM Class A Common Stock Sale $2,547,365 -9,176 -11% $277.61 71,353 20 Sep 2021 See footnote F1, F2, F10
transaction ZM Class A Common Stock Sale $4,626,723 -16,621 -23% $278.37 54,732 20 Sep 2021 See footnote F1, F3, F10
transaction ZM Class A Common Stock Sale $6,000,241 -21,472 -39% $279.44 33,260 20 Sep 2021 See footnote F1, F4, F10
transaction ZM Class A Common Stock Sale $4,348,534 -15,509 -47% $280.39 17,751 20 Sep 2021 See footnote F1, F5, F10
transaction ZM Class A Common Stock Sale $2,678,914 -9,520 -54% $281.40 8,231 20 Sep 2021 See footnote F1, F6, F10
transaction ZM Class A Common Stock Sale $1,423,941 -5,043 -61% $282.36 3,188 20 Sep 2021 See footnote F1, F7, F10
transaction ZM Class A Common Stock Sale $356,709 -1,259 -39% $283.33 1,929 20 Sep 2021 See footnote F1, F8, F10
transaction ZM Class A Common Stock Sale $548,249 -1,929 -100% $284.21 0 20 Sep 2021 See footnote F1, F9, F10

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 -4.9% $0.000000 79,545 20 Sep 2021 Class B Common Stock 4,080 $4.15 Direct F11, F12
transaction ZM Class B Common Stock Options Exercise $0 +4,080 +0.02% $0.000000 22,589,592 20 Sep 2021 Class A Common Stock 4,080 Direct F12
transaction ZM Class B Common Stock Conversion of derivative security $0 -4,080 -0.02% $0.000000 22,585,512 20 Sep 2021 Class A Common Stock 4,080 Direct F12
transaction ZM Employee Stock Option (right to buy) Options Exercise $0 -11,545 -5% $0.000000 217,330 20 Sep 2021 Class B Common Stock 11,545 $3.77 Direct F12, F13
transaction ZM Class B Common Stock Options Exercise $0 +11,545 +0.05% $0.000000 22,597,057 20 Sep 2021 Class A Common Stock 11,545 Direct F12
transaction ZM Class B Common Stock Conversion of derivative security $0 -11,545 -0.05% $0.000000 22,585,512 20 Sep 2021 Class A Common Stock 11,545 Direct F12
transaction ZM Class B Common Stock Conversion of derivative security $0 -80,529 -7.5% $0.000000 989,393 20 Sep 2021 Class A Common Stock 80,529 See footnote F10, F12
* 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 $276.95 to $277.94. 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 $277.95 to $278.94. 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 $278.95 to $279.94. 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 $279.95 to $280.94. 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 $280.95 to $281.94. 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 $281.95 to $282.93. 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.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $282.99 to $283.84. 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 $284.01 to $284.50. 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.
F10 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.
F11 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.
F12 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.
F13 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.