0001585521-24-000122.txt : 20240614
0001585521-24-000122.hdr.sgml : 20240614
20240614184425
ACCESSION NUMBER: 0001585521-24-000122
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240612
FILED AS OF DATE: 20240614
DATE AS OF CHANGE: 20240614
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Subotovsky Santiago
CENTRAL INDEX KEY: 0001773806
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38865
FILM NUMBER: 241046466
MAIL ADDRESS:
STREET 1: C/O EMERGENCE CAPITAL PARTNERS
STREET 2: 160 BOVENT ROAD SUITE 300
CITY: SAN MATEO
STATE: CA
ZIP: 94402
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_1718405055.xml
FORM 4
X0508
4
2024-06-12
0
0001585521
Zoom Video Communications, Inc.
ZM
0001773806
Subotovsky Santiago
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BLVD, #600
SAN JOSE
CA
95113
1
0
0
0
0
Class A Common Stock
2024-06-12
4
M
0
4089
0
A
158548
D
Restricted Stock Units
2024-06-12
4
M
0
4089
0
D
Class A Common Stock
4089
0
D
Restricted Stock Units
2024-06-13
4
A
0
4361
0
A
Class A Common Stock
4361
4361
D
Class B Common Stock
Class A Common Stock
5784568
5784568
I
See footnote
Class B Common Stock
Class A Common Stock
704257
704257
I
See footnote
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, 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).
Each share of Class B Common Stock is convertible at the option of Emergence Capital Partners III, L.P. ("Emergence") and EZP Opportunity, L.P. ("EZP"), as applicable, into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by Emergence and EZP, as applicable, will automatically convert into one share of Class A Common Stock upon any transfer by Emergence and EZP, as applicable, 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.
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.
Shares held directly by EZP. The sole general partner of EZP is EEP III, and the sole general partner of EEP III is EGP. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by EZP, 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.
/s/ Aparna Bawa, Attorney-in-Fact
2024-06-14