Daniel Scheinman - 14 Jun 2023 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Jun 2023, 18:58:55 UTC
Prior SEC filing
24 May 2023
Next SEC filing
29 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Aparna Bawa, Attorney-in-Fact

Key filing fact

Daniel Scheinman filed Form 4 for Zoom Video Communications, Inc. (ZM) on 16 Jun 2023.

Key facts

  • This page summarizes Daniel Scheinman's Form 4 filing for Zoom Video Communications, Inc. (ZM).
  • 3 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 16 Jun 2023, 18:58.

Change

  • Previous filing in this sequence was filed on 24 May 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZM transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,880
Change %
Price
$0.000000
Shares after
1,880
Date
14 Jun 2023
Ownership
See footnote
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,880
Change %
-100%
Price
$0.000000*
Shares after
0
Date
14 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,880
Exercise price
Footnotes
F2, F3
ZM transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+4,089
Change %
Price
$0.000000
Shares after
4,089
Date
15 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,089
Exercise price
Footnotes
F2, F4
ZM holding Derivative

Director Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100,000
Date
14 Jun 2023
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
100,000
Exercise price
$10.79
Footnotes
F5, F6
ZM holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,126,281
Date
14 Jun 2023
Ownership
See footnote
Underlying class
Class A Common Stock (2)
Underlying amount
1,126,281
Exercise price
Footnotes
F6, F7
ZM holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
437,974
Date
14 Jun 2023
Ownership
See footnote
Underlying class
Class A Common Stock (2)
Underlying amount
437,974
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The shares are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.

Footnote F2

Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

Footnote F3

The reporting person received an award of restricted stock units all of which will vest in full on June 14, 2023, the day immediately preceding the Company's annual meeting of stockholders.

Footnote F4

The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).

Footnote F5

1/48 of the shares subject to the option vests in equal monthly installments commencing one month from November 29, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.

Footnote F6

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.

Footnote F7

The shares are held of record by The 2017 Scheinman Irrevocable Trust ("2017 Scheinman Trust"). The trustee for 2017 Scheinman Trust is Neuberger Berman Trust Company of Delaware N.A. The Reporting Person's family members are beneficiaries under the 2017 Scheinman Trust.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .