Eric S. Yuan - Feb 10, 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Feb 10, 2022
Transactions value $
-$14,271,224
Form type
4
Date filed
2/11/2022, 07:31 PM
Previous filing
Feb 11, 2022
Next filing
Mar 10, 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 +4.08K $0.00 4.08K Feb 10, 2022 Direct
transaction ZM Class A Common Stock Conversion of derivative security $0 +11.5K +282.97% $0.00 15.6K Feb 10, 2022 Direct
transaction ZM Class A Common Stock Sale -$167K -1.15K -7.36% $144.88 14.5K Feb 10, 2022 Direct F1, F2
transaction ZM Class A Common Stock Sale -$309K -2.12K -14.61% $145.88 12.4K Feb 10, 2022 Direct F1, F3
transaction ZM Class A Common Stock Sale -$302K -2.06K -16.63% $146.82 10.3K Feb 10, 2022 Direct F1, F4
transaction ZM Class A Common Stock Sale -$364K -2.47K -23.92% $147.85 7.84K Feb 10, 2022 Direct F1, F5
transaction ZM Class A Common Stock Sale -$178K -1.2K -15.26% $148.95 6.64K Feb 10, 2022 Direct F1, F6
transaction ZM Class A Common Stock Sale -$482K -3.22K -48.39% $149.78 3.43K Feb 10, 2022 Direct F1, F7
transaction ZM Class A Common Stock Sale -$355K -2.36K -68.71% $150.82 1.07K Feb 10, 2022 Direct F1, F8
transaction ZM Class A Common Stock Sale -$151K -993 -92.54% $151.61 80 Feb 10, 2022 Direct F1, F9
transaction ZM Class A Common Stock Sale -$12.2K -80 -100% $152.53 0 Feb 10, 2022 Direct F1, F10
transaction ZM Class A Common Stock Conversion of derivative security $0 +80.5K $0.00 80.5K Feb 10, 2022 See footnote F11
transaction ZM Class A Common Stock Sale -$860K -5.94K -7.37% $144.88 74.6K Feb 10, 2022 See footnote F1, F2, F11
transaction ZM Class A Common Stock Sale -$1.59M -10.9K -14.62% $145.88 63.7K Feb 10, 2022 See footnote F1, F3, F11
transaction ZM Class A Common Stock Sale -$1.56M -10.6K -16.63% $146.82 53.1K Feb 10, 2022 See footnote F1, F4, F11
transaction ZM Class A Common Stock Sale -$1.88M -12.7K -23.98% $147.85 40.4K Feb 10, 2022 See footnote F1, F5, F11
transaction ZM Class A Common Stock Sale -$905K -6.08K -15.05% $148.95 34.3K Feb 10, 2022 See footnote F1, F6, F11
transaction ZM Class A Common Stock Sale -$2.49M -16.6K -48.41% $149.78 17.7K Feb 10, 2022 See footnote F1, F7, F11
transaction ZM Class A Common Stock Sale -$1.83M -12.1K -68.65% $150.82 5.55K Feb 10, 2022 See footnote F1, F8, F11
transaction ZM Class A Common Stock Sale -$777K -5.13K -92.43% $151.62 420 Feb 10, 2022 See footnote F1, F9, F11
transaction ZM Class A Common Stock Sale -$64.1K -420 -100% $152.53 0 Feb 10, 2022 See footnote F1, F10, F11

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 -4.08K -10.53% $0.00 34.7K Feb 10, 2022 Class B Common Stock 4.08K $4.15 Direct F12, F13
transaction ZM Class B Common Stock Options Exercise $0 +4.08K +0.02% $0.00 22.6M Feb 10, 2022 Class A Common Stock 4.08K Direct F13
transaction ZM Class B Common Stock Conversion of derivative security $0 -4.08K -0.02% $0.00 22.6M Feb 10, 2022 Class A Common Stock 4.08K Direct F13
transaction ZM Employee Stock Option (right to buy) Options Exercise $0 -11.5K -11.33% $0.00 90.3K Feb 10, 2022 Class B Common Stock 11.5K $3.77 Direct F13, F14
transaction ZM Class B Common Stock Options Exercise $0 +11.5K +0.05% $0.00 22.6M Feb 10, 2022 Class A Common Stock 11.5K Direct F13
transaction ZM Class B Common Stock Conversion of derivative security $0 -11.5K -0.05% $0.00 22.6M Feb 10, 2022 Class A Common Stock 11.5K Direct F13
transaction ZM Class B Common Stock Conversion of derivative security $0 -80.5K -43.74% $0.00 104K Feb 10, 2022 Class A Common Stock 80.5K See footnote F11, F13
* 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 $144.32 to $145.31. 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 $145.32 to $146.31. 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 $146.32 to $147.31. 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 $147.32 to $148.31. 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 $148.32 to $149.31. 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 $149.32 to $150.31. 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 $150.32 to $151.31. 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 $151.32 to $152.255. 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 $152.46 to $152.59. 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 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.
F12 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.
F13 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.
F14 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.