4//SEC Filing
Emergence Capital Partners III, L.P. 4
Accession 0000899243-19-029538
CIK 0001585521other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 4:17 PM ET
Size
23.3 KB
Accession
0000899243-19-029538
Insider Transaction Report
Form 4
Emergence Capital Partners III, L.P.
10% Owner
Transactions
- Conversion
Class B Common Stock
2019-12-16−445,700→ 25,618,216 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (445,700 underlying) - Conversion
Class A Common Stock
2019-12-16+54,300→ 54,300 total(indirect: By EZP Opportunity, L.P.) - Other
Class A Common Stock
2019-12-16−54,300→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-12-16−54,300→ 3,120,609 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (54,300 underlying) - Other
Class A Common Stock
2019-12-16−445,700→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class A Common Stock
2019-12-16+445,700→ 445,700 total(indirect: By Emergence Capital Partners III, L.P.)
Emergence Equity Partners III, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2019-12-16+445,700→ 445,700 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class A Common Stock
2019-12-16+54,300→ 54,300 total(indirect: By EZP Opportunity, L.P.) - Other
Class A Common Stock
2019-12-16−445,700→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-12-16−54,300→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-12-16−54,300→ 3,120,609 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (54,300 underlying) - Conversion
Class B Common Stock
2019-12-16−445,700→ 25,618,216 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (445,700 underlying)
EZP Opportunity, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2019-12-16+445,700→ 445,700 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-12-16−445,700→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Other
Class A Common Stock
2019-12-16−54,300→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-12-16−445,700→ 25,618,216 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (445,700 underlying) - Conversion
Class A Common Stock
2019-12-16+54,300→ 54,300 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-12-16−54,300→ 3,120,609 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (54,300 underlying)
EMERGENCE GP PARTNERS, LLC
10% Owner
Transactions
- Other
Class A Common Stock
2019-12-16−54,300→ 0 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class B Common Stock
2019-12-16−54,300→ 3,120,609 total(indirect: By EZP Opportunity, L.P.)→ Class A Common Stock (54,300 underlying) - Other
Class A Common Stock
2019-12-16−445,700→ 0 total(indirect: By Emergence Capital Partners III, L.P.) - Conversion
Class B Common Stock
2019-12-16−445,700→ 25,618,216 total(indirect: By Emergence Capital Partners III, L.P.)→ Class A Common Stock (445,700 underlying) - Conversion
Class A Common Stock
2019-12-16+54,300→ 54,300 total(indirect: By EZP Opportunity, L.P.) - Conversion
Class A Common Stock
2019-12-16+445,700→ 445,700 total(indirect: By Emergence Capital Partners III, L.P.)
Footnotes (5)
- [F1]On December 16, 2019, Emergence Capital Partners III, L.P. ("Emergence") converted in the aggregate 445,700 shares of the Issuer's Class B Common Stock into 445,700 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Emergence distributed in-kind, without consideration, all 445,700 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. Upon receipt by EEP III of its pro rata interest of the distribution (43,984 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.
- [F2]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.
- [F3]On December 16, 2019, EZP Opportunity, L.P. ("EZP") converted in the aggregate 54,300 shares of the Issuer's Class B Common Stock into 54,300 shares of the Issuer's Class A Common Stock. Subsequently on the same date, EZP distributed in-kind, without consideration, all 54,300 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.
- [F4]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.
- [F5]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
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 4:17 PM ET
- Size
- 23.3 KB