Janine Pelosi - Aug 13, 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
Chief Marketing Officer
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Aug 13, 2021
Transactions value $
-$1,448,880
Form type
4
Date filed
8/17/2021, 06:58 PM
Previous filing
Jul 15, 2021
Next filing
Jan 4, 2022

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 +4K +22.76% $0.00 21.6K Aug 13, 2021 Direct
transaction ZM Class A Common Stock Sale -$1.45M -4K -18.54% $362.22* 17.6K Aug 13, 2021 Direct F1
holding ZM Class A Common Stock 7.31K Aug 13, 2021 See footnote F2
holding ZM Class A Common Stock 7.31K Aug 13, 2021 See footnote F3

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 -4K -1.8% $0.00 218K Aug 13, 2021 Class B Common Stock 4K $3.77 Direct F4
transaction ZM Class B Common Stock Options Exercise $0 +4K $0.00 4K Aug 13, 2021 Class A Common Stock 4K Direct F5
transaction ZM Class B Common Stock Conversion of derivative security $0 -4K -100% $0.00* 0 Aug 13, 2021 Class A Common Stock 4K Direct F5
holding ZM Restricted Stock Units 225 Aug 13, 2021 Class A Common Stock 225 Direct F6, F7
* 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 shares are held of record by the JJ Pelosi 2021 Zoom GRAT, for which the Reporting Person's spouse serves as trustee.
F3 The shares are held of record by the JA Pelosi 2021 Zoom GRAT, for which the Reporting Person serves as trustee.
F4 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from July 11, 2018.
F5 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 convert automatically 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.
F6 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F7 The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.