Home/Filings/4/0000899243-20-017074

4//SEC Filing

Emergence Capital Partners III, L.P. 4

Accession 0000899243-20-017074

CIK 0001585521other

View on SEC.gov Company Profile

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 4:16 PM ET

Size

24.6 KB

Accession

0000899243-20-017074

Insider Transaction Report

Form 4

Period: 2020-06-16

Zoom Video Communications, Inc.ZM

Emergence Capital Partners III, L.P.

10% Owner

Transactions

Other
Class A Common Stock
2020-06-16−5,348,400→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class B Common Stock
2020-06-16−651,600→ 1,301,557 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (651,600 underlying)
Conversion
Class A Common Stock
2020-06-16+651,600→ 651,600 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2020-06-16+5,348,400→ 5,348,400 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−651,600→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2020-06-16−5,348,400→ 10,687,268 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (5,348,400 underlying)

Holdings

Class A Common Stock
(indirect: By Emergence Equity Partners III, L.P.)
73,168

EZP Opportunity, L.P.

10% Owner

Transactions

Conversion
Class B Common Stock
2020-06-16−5,348,400→ 10,687,268 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (5,348,400 underlying)
Conversion
Class A Common Stock
2020-06-16+5,348,400→ 5,348,400 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−5,348,400→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−651,600→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2020-06-16−651,600→ 1,301,557 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (651,600 underlying)
Conversion
Class A Common Stock
2020-06-16+651,600→ 651,600 total(indirect: By EZP Opportunity, L.P.)

Holdings

Class A Common Stock
(indirect: By Emergence Equity Partners III, L.P.)
73,168

EMERGENCE GP PARTNERS, LLC

10% Owner

Transactions

Conversion
Class B Common Stock
2020-06-16−651,600→ 1,301,557 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (651,600 underlying)
Conversion
Class A Common Stock
2020-06-16+651,600→ 651,600 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class A Common Stock
2020-06-16+5,348,400→ 5,348,400 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−5,348,400→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−651,600→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2020-06-16−5,348,400→ 10,687,268 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (5,348,400 underlying)

Holdings

Class A Common Stock
(indirect: By Emergence Equity Partners III, L.P.)
73,168

Emergence Equity Partners III, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2020-06-16+5,348,400→ 5,348,400 total(indirect: By Emergence Capital Partners III, L.P.)
Other
Class A Common Stock
2020-06-16−651,600→ 0 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2020-06-16−5,348,400→ 10,687,268 total(indirect: By Emergence Capital Partners III, L.P.)
→ Class A Common Stock (5,348,400 underlying)
Other
Class A Common Stock
2020-06-16−5,348,400→ 0 total(indirect: By Emergence Capital Partners III, L.P.)
Conversion
Class A Common Stock
2020-06-16+651,600→ 651,600 total(indirect: By EZP Opportunity, L.P.)
Conversion
Class B Common Stock
2020-06-16−651,600→ 1,301,557 total(indirect: By EZP Opportunity, L.P.)
→ Class A Common Stock (651,600 underlying)

Holdings

Class A Common Stock
(indirect: By Emergence Equity Partners III, L.P.)
73,168

Footnotes (5)

[F1]On June 16, 2020, Emergence Capital Partners III, L.P. ("Emergence") converted in the aggregate 5,348,400 shares of the Issuer's Class B Common Stock into 5,348,400 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Emergence distributed in-kind, without consideration, all 5,348,400 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 (1,142,664) shares of Class A Common Stock), EEP III distributed in-kind, without consideration, 1,077,516 of 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 June 16, 2020, EZP Opportunity, L.P. ("EZP") converted in the aggregate 651,600 shares of the Issuer's Class B Common Stock into 651,600 shares of the Issuer's Class A Common Stock. Subsequently on the same date, EZP distributed in-kind, without consideration, all 651,600 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, 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 (130,320 shares of Class A Common Stock), EEP III distributed in-kind, without consideration, 122,300 of 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.
[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

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: Jun 17, 8:00 PM ET
Accepted: Jun 18, 4:16 PM ET
Size: 24.6 KB

View on SEC.gov