Emergence Capital Partners III, L.P. 4

Accession 0000899243-19-011083

CIK 0001585521other

View on SEC.gov Company Profile

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 7:59 PM ET

Size

49.8 KB

Accession

0000899243-19-011083

Insider Transaction Report

Form 4

Period: 2019-04-23

Zoom Video Communications, Inc.ZM

Emergence Capital Partners III, L.P.

10% Owner

Transactions

Sale
Class A Common Stock
2019-04-23$34.20/sh−622,082$21,275,204→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class B Common Stock
2019-04-23−622,082→ 26,286,766 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (622,082 underlying)
Conversion
Class B Common Stock
2019-04-23−214,167→ 0 total(indirect: By LLC)
→ Class A Common Stock (214,167 underlying)
Conversion
Series C Convertible Preferred Stock
2019-04-23−22,908,848→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (22,908,848 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−4,000,000→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (4,000,000 underlying)
Conversion
Series D Convertible Preferred Stock
2019-04-23−2,850,724→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (2,850,724 underlying)
Conversion
Class B Common Stock
2019-04-23+3,175,468→ 3,277,836 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (3,175,468 underlying)
Conversion
Class B Common Stock
2019-04-23−75,777→ 3,202,059 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (75,777 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−98,896→ 0 total(indirect: By LLC)
→ Class B Common Stock (98,896 underlying)
Conversion
Class B Common Stock
2019-04-23+98,896→ 214,167 total(indirect: By LLC)
→ Class A Common Stock (98,896 underlying)
Conversion
Class A Common Stock
2019-04-23+75,777→ 75,777 total(indirect: By EZP Opportunity, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−214,167$7,324,511→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2019-04-23+26,908,848→ 26,908,848 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (26,908,848 underlying)
Sale
Class A Common Stock
2019-04-23$34.20/sh−75,777$2,591,573→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2019-04-23+214,167→ 214,167 total(indirect: By LLC)
Conversion
Class A Common Stock
2019-04-23+622,082→ 622,082 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Series A Convertible Preferred Stock
2019-04-23−324,744→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (324,744 underlying)

Emergence Equity Partners III, L.P.

10% Owner

Transactions

Sale
Class A Common Stock
2019-04-23$34.20/sh−622,082$21,275,204→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class B Common Stock
2019-04-23−75,777→ 3,202,059 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (75,777 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−98,896→ 0 total(indirect: By LLC)
→ Class B Common Stock (98,896 underlying)
Conversion
Class B Common Stock
2019-04-23−214,167→ 0 total(indirect: By LLC)
→ Class A Common Stock (214,167 underlying)
Conversion
Series C Convertible Preferred Stock
2019-04-23−22,908,848→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (22,908,848 underlying)
Conversion
Series D Convertible Preferred Stock
2019-04-23−2,850,724→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (2,850,724 underlying)
Conversion
Class B Common Stock
2019-04-23+98,896→ 214,167 total(indirect: By LLC)
→ Class A Common Stock (98,896 underlying)
Conversion
Class A Common Stock
2019-04-23+75,777→ 75,777 total(indirect: By EZP Opportunity, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−75,777$2,591,573→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2019-04-23−622,082→ 26,286,766 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (622,082 underlying)
Conversion
Class B Common Stock
2019-04-23+3,175,468→ 3,277,836 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (3,175,468 underlying)
Conversion
Class A Common Stock
2019-04-23+622,082→ 622,082 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class A Common Stock
2019-04-23+214,167→ 214,167 total(indirect: By LLC)
Sale
Class A Common Stock
2019-04-23$34.20/sh−214,167$7,324,511→ 0 total(indirect: By LLC)
Conversion
Series A Convertible Preferred Stock
2019-04-23−4,000,000→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (4,000,000 underlying)
Conversion
Class B Common Stock
2019-04-23+26,908,848→ 26,908,848 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (26,908,848 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−324,744→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (324,744 underlying)

EMERGENCE GP PARTNERS, LLC

10% Owner

Transactions

Conversion
Series D Convertible Preferred Stock
2019-04-23−2,850,724→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (2,850,724 underlying)
Conversion
Class B Common Stock
2019-04-23−214,167→ 0 total(indirect: By LLC)
→ Class A Common Stock (214,167 underlying)
Conversion
Class A Common Stock
2019-04-23+622,082→ 622,082 total(indirect: By Emergence Capital Partners III, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−75,777$2,591,573→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Series A Convertible Preferred Stock
2019-04-23−4,000,000→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (4,000,000 underlying)
Sale
Class A Common Stock
2019-04-23$34.20/sh−622,082$21,275,204→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Series C Convertible Preferred Stock
2019-04-23−22,908,848→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (22,908,848 underlying)
Conversion
Class B Common Stock
2019-04-23+26,908,848→ 26,908,848 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (26,908,848 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−324,744→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (324,744 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−98,896→ 0 total(indirect: By LLC)
→ Class B Common Stock (98,896 underlying)
Sale
Class A Common Stock
2019-04-23$34.20/sh−214,167$7,324,511→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2019-04-23−622,082→ 26,286,766 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (622,082 underlying)
Conversion
Class B Common Stock
2019-04-23+3,175,468→ 3,277,836 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (3,175,468 underlying)
Conversion
Class B Common Stock
2019-04-23−75,777→ 3,202,059 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (75,777 underlying)
Conversion
Class B Common Stock
2019-04-23+98,896→ 214,167 total(indirect: By LLC)
→ Class A Common Stock (98,896 underlying)
Conversion
Class A Common Stock
2019-04-23+75,777→ 75,777 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2019-04-23+214,167→ 214,167 total(indirect: By LLC)

Red Porphyry, LLC

10% Owner

Transactions

Sale
Class A Common Stock
2019-04-23$34.20/sh−622,082$21,275,204→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−75,777$2,591,573→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2019-04-23+214,167→ 214,167 total(indirect: By LLC)
Conversion
Class B Common Stock
2019-04-23−622,082→ 26,286,766 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (622,082 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−4,000,000→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (4,000,000 underlying)
Conversion
Series D Convertible Preferred Stock
2019-04-23−2,850,724→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (2,850,724 underlying)
Conversion
Class B Common Stock
2019-04-23+98,896→ 214,167 total(indirect: By LLC)
→ Class A Common Stock (98,896 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−98,896→ 0 total(indirect: By LLC)
→ Class B Common Stock (98,896 underlying)
Conversion
Class A Common Stock
2019-04-23+622,082→ 622,082 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class A Common Stock
2019-04-23+75,777→ 75,777 total(indirect: By EZP Opportunity, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−214,167$7,324,511→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2019-04-23−75,777→ 3,202,059 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (75,777 underlying)
Conversion
Class B Common Stock
2019-04-23−214,167→ 0 total(indirect: By LLC)
→ Class A Common Stock (214,167 underlying)
Conversion
Series C Convertible Preferred Stock
2019-04-23−22,908,848→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (22,908,848 underlying)
Conversion
Class B Common Stock
2019-04-23+26,908,848→ 26,908,848 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (26,908,848 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−324,744→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (324,744 underlying)
Conversion
Class B Common Stock
2019-04-23+3,175,468→ 3,277,836 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (3,175,468 underlying)

EZP Opportunity, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2019-04-23+622,082→ 622,082 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class A Common Stock
2019-04-23+75,777→ 75,777 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2019-04-23+214,167→ 214,167 total(indirect: By LLC)
Sale
Class A Common Stock
2019-04-23$34.20/sh−214,167$7,324,511→ 0 total(indirect: By LLC)
Conversion
Series A Convertible Preferred Stock
2019-04-23−4,000,000→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (4,000,000 underlying)
Conversion
Series D Convertible Preferred Stock
2019-04-23−2,850,724→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (2,850,724 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−98,896→ 0 total(indirect: By LLC)
→ Class B Common Stock (98,896 underlying)
Conversion
Class B Common Stock
2019-04-23−214,167→ 0 total(indirect: By LLC)
→ Class A Common Stock (214,167 underlying)
Sale
Class A Common Stock
2019-04-23$34.20/sh−622,082$21,275,204→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Sale
Class A Common Stock
2019-04-23$34.20/sh−75,777$2,591,573→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Series C Convertible Preferred Stock
2019-04-23−22,908,848→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class B Common Stock (22,908,848 underlying)
Conversion
Class B Common Stock
2019-04-23−622,082→ 26,286,766 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (622,082 underlying)
Conversion
Series A Convertible Preferred Stock
2019-04-23−324,744→ 0 total(indirect: By EZP Opportunity, L.P.)
→ Class B Common Stock (324,744 underlying)
Conversion
Class B Common Stock
2019-04-23−75,777→ 3,202,059 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (75,777 underlying)
Conversion
Class B Common Stock
2019-04-23+3,175,468→ 3,277,836 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (3,175,468 underlying)
Conversion
Class B Common Stock
2019-04-23+98,896→ 214,167 total(indirect: By LLC)
→ Class A Common Stock (98,896 underlying)
Conversion
Class B Common Stock
2019-04-23+26,908,848→ 26,908,848 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (26,908,848 underlying)

Footnotes (6)

[F1]Each share of Class B Common Stock is convertible at the option of the Reporting Person into one (1) share of Class A Common Stock, and has no expiration date. Each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon certain events specified in the Issuer's certificate of incorporation. In connection with the sale of the Class A Common Stock by certain Reporting Persons as reported above, each share of Class B Common Stock converted into Shares held directly by Emergence Capital Partners III, L.P. one (1) share of Class A Common Stock.
[F2]Shares held directly by Emergence Capital Partners III, L.P. ("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"). Each of the Reporting Persons on this filing (other than Emergence) disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose.
[F3]The Reporting Persons sold shares to the underwriters in connection with the closing of the Issuer's initial public offering. The reported sale price reflects the price at which the Reporting Persons sold shares to the underwriters, which is net of underwriting commissions.
[F4]Shares held directly by EZP Opportunity, L.P. ("EZP"). The sole general partner of EZP is EEP III. Each of the Reporting Persons on this filing (other than EZP) disclaims Section 16 beneficial ownership of the shares held by EZP, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose.
[F5]Shares held directly by Red Porphyry, LLC ("Red Porphyry"). Red Porphyry is filing this report solely by virtue of having appointed Emergence as its proxy with respect to the shares held directly by Red Porphyry. Such proxy is irrevocable until the earliest to occur of the six-month anniversary of the IPO (as defined below), the sale of all or substantially all assets of the Issuer, or certain mergers involving the Issuer. Each of the Reporting Persons on this filing (other than Red Porphyry) disclaims Section 16 beneficial ownership of the shares held by Red Porphyry, except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose.
[F6]Each share of convertible preferred stock automatically converted into one (1) share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock (the "IPO"), and had no expiration date.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Zoom Video Communications, Inc.

CIK 0001585521

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001526541

Filing Metadata

Form type: 4
Filed: Apr 23, 8:00 PM ET
Accepted: Apr 24, 7:59 PM ET
Size: 49.8 KB

View on SEC.gov