4//SEC Filing
Emergence Capital Partners III, L.P. 4
Accession 0000899243-19-027700
CIK 0001585521other
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 4:57 PM ET
Size
23.8 KB
Accession
0000899243-19-027700
Insider Transaction Report
Form 4
Emergence Capital Partners III, L.P.
10% Owner
Transactions
- Conversion
Class B Common Stock
2019-11-18−222,850→ 26,063,916 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (222,850 underlying) - Conversion
Class B Common Stock
2019-11-18−27,150→ 3,174,909 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (27,150 underlying) - Conversion
Class A Common Stock
2019-11-18+222,850→ 222,850 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-11-18−222,850→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class A Common Stock
2019-11-18+27,150→ 27,150 total(indirect: By EZP Opportunity, L.P.) - Other
Class A Common Stock
2019-11-18−27,150→ 0 total(indirect: By EZP Opportunity, L.P.)
Emergence Equity Partners III, L.P.
10% Owner
Transactions
- Other
Class A Common Stock
2019-11-18−222,850→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class B Common Stock
2019-11-18−27,150→ 3,174,909 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (27,150 underlying) - Conversion
Class B Common Stock
2019-11-18−222,850→ 26,063,916 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (222,850 underlying) - Conversion
Class A Common Stock
2019-11-18+27,150→ 27,150 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class A Common Stock
2019-11-18+222,850→ 222,850 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-11-18−27,150→ 0 total(indirect: By EZP Opportunity, L.P.)
EZP Opportunity, L.P.
10% Owner
Transactions
- Other
Class A Common Stock
2019-11-18−27,150→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-11-18−27,150→ 3,174,909 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (27,150 underlying) - Conversion
Class A Common Stock
2019-11-18+27,150→ 27,150 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-11-18−222,850→ 26,063,916 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (222,850 underlying) - Conversion
Class A Common Stock
2019-11-18+222,850→ 222,850 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-11-18−222,850→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
EMERGENCE GP PARTNERS, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2019-11-18+222,850→ 222,850 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-11-18−222,850→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class A Common Stock
2019-11-18+27,150→ 27,150 total(indirect: By EZP Opportunity, L.P.) - Other
Class A Common Stock
2019-11-18−27,150→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-11-18−27,150→ 3,174,909 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (27,150 underlying) - Conversion
Class B Common Stock
2019-11-18−222,850→ 26,063,916 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (222,850 underlying)
Footnotes (6)
- [F1]On November 18, 2019, Emergence Capital Partners III, L.P. ("Emergence") converted in the aggregate 222,850 shares of the Issuer's Class B Common Stock into 222,850 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Emergence distributed in-kind, without consideration, all 222,850 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Emergence Equity Partners III, L.P. ("EEP III"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. This distribution is being made pursuant to a 10b5-1 plan adopted by Emergence on September 27, 2019.
- [F2](continued from footnote 1) Upon receipt by EEP III of its pro rata interest of the distribution (9,607 shares of Class A Common Stock), EEP III distributed in-kind, without consideration, all such shares pro-rata to its limited partners in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- [F3]Shares held directly by Emergence. The sole general partner of Emergence is 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.
- [F4]On November 18, 2019, EZP Opportunity, L.P. ("EZP") converted in the aggregate 27,150 shares of the Issuer's Class B Common Stock into 27,150 shares of the Issuer's Class A Common Stock. Subsequently on the same date, EZP distributed in-kind, without consideration, all 27,150 shares of Class A Common Stock pro-rata to its limited partners, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. This distribution is being made pursuant to a 10b5-1 plan adopted by EZP on September 27, 2019.
- [F5]Shares held directly by EZP. The sole general partner of EZP is EEP III, and the sole general partner of EEP III is EGP. 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.
- [F6]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.
Documents
Issuer
Zoom Video Communications, Inc.
CIK 0001585521
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001526541
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 4:57 PM ET
- Size
- 23.8 KB