0001585521-24-000050.txt : 20240321 0001585521-24-000050.hdr.sgml : 20240321 20240321194720 ACCESSION NUMBER: 0001585521-24-000050 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240320 FILED AS OF DATE: 20240321 DATE AS OF CHANGE: 20240321 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Steckelberg Kelly CENTRAL INDEX KEY: 0001364713 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38865 FILM NUMBER: 24772766 MAIL ADDRESS: STREET 1: C/O ZOOM VIDEO COMMUNICATIONS, INC. STREET 2: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zoom Video Communications, Inc. CENTRAL INDEX KEY: 0001585521 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 611648780 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: (888) 799-9666 MAIL ADDRESS: STREET 1: 55 ALMADEN BOULEVARD, 6TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 4 1 wk-form4_1711064830.xml FORM 4 X0508 4 2024-03-20 0 0001585521 Zoom Video Communications, Inc. ZM 0001364713 Steckelberg Kelly C/O ZOOM VIDEO COMMUNICATIONS, INC. 55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE CA 95113 0 1 0 0 Chief Financial Officer 1 Class A Common Stock 2024-03-20 4 C 0 5007 0 A 5007 D Class A Common Stock 2024-03-20 4 S 0 4585 66.3981 D 422 D Class A Common Stock 2024-03-20 4 S 0 422 67.1305 D 0 D Class A Common Stock 77235 I See footnote Employee Stock Option (right to buy) 1.31 2024-03-20 4 M 0 5007 0 D 2028-01-06 Class B Common Stock 5007 523071 D Class B Common Stock 0 2024-03-20 4 M 0 5007 0 A Class A Common Stock 5007 5007 D Class B Common Stock 0 2024-03-20 4 C 0 5007 0 D Class A Common Stock 5007 0 D Employee Stock Option (right to buy) 3.77 2028-09-24 Class B Common Stock 100000 100000 D Restricted Stock Units Class A Common Stock 10388 10388 D Restricted Stock Units Class A Common Stock 185760 185760 D Restricted Stock Units Class A Common Stock 146413 146413 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.00 to $66.95. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.01 to $67.20. 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. The shares are held of record by Kelly Steckelberg Trust dated July 29, 2006, for which the Reporting Person serves as trustee. 1/4 of the shares subject to the option vested on November 6, 2018, and 1/48 of the shares vest monthly thereafter. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase. 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. 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. The reporting person received an award of restricted stock units on April 6, 2023, 100% of which will vest on the first anniversary date of the grant. The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. /s/ Aparna Bawa, Attorney-in-Fact 2024-03-21