Santiago Subotovsky - 12 Jan 2026 Form 4 Insider Report for Zoom Communications, Inc. (ZM)

Role
Director
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Issuer symbol
ZM
Transactions as of
12 Jan 2026
Net transactions value
$0
Form type
4
Filing time
14 Jan 2026, 21:18:45 UTC
Previous filing
07 Jan 2026
Next filing
09 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Subotovsky Santiago Director C/O ZOOM COMMUNICATIONS, INC., 55 ALMADEN BLVD, #600, SAN JOSE /s/ Aparna Bawa, Attorney-in-Fact 14 Jan 2026 0001773806

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 +1,345,000 $0.000000 0 12 Jan 2026 See footnote F1, F2, F3
holding ZM Class A Common Stock 158,392 12 Jan 2026 Direct F4
holding ZM Class A Common Stock 2,388 12 Jan 2026 see footnote F5

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 Class B Common Stock Conversion of derivative security $0 -1,345,000 -31% $0.000000 2,928,046 12 Jan 2026 Class A Common Stock 1,345,000 See footnote F1, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 12, 2026, Emergence Capital Partners III, L.P. (Emergence) converted in the aggregate 1,345,000 shares of the Issuer's Class B Common Stock into 1,345,000 shares of the Issuer's Class A Common Stock. Subsequently, on the same date, Emergence distributed in-kind, without consideration, all 1,345,000 shares of the Issuer's Class A Common Stock pro-rata to its partners in accordance with the exemptions under Rule 16a-9(a) (Rule 16a-9(a)) and Rule 16a-13 (Rule 16a-13) of the Securities Exchange Act of 1934, as amended.
F2 Represents the pro-rata distribution in kind, without consideration, of all 1,345,000 shares of the Issuer's Class A Common Stock by Emergence to its partners in accordance with the exemptions of Rule 16a-9(a) and Rule 16a-13.
F3 Shares held directly by Emergence. The sole general partner of Emergence is Emergence Equity Partners III, L.P. ("EEP III"), and the sole general partner of EEP III is Emergence GP Partners, LLC ("EGP"). The Reporting Person is a member of EEP III. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.
F4 Balance reflects the Reporting Person's receipt of 13,173 shares of the Issuer's Class A Common Stock by Emergence to its partners in accordance with the exemptions of Rule 16a-9(a) and Rule 16a- 13.
F5 Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.
F6 Each share of Class B Common Stock is convertible at the option of Emergence into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by Emergence will automatically convert into one share of Class A Common Stock upon any transfer by Emergence 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 Eric S. 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.