4//SEC Filing
Benhorin Roy 4
Accession 0001585521-20-000045
CIK 0001585521other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 6:26 PM ET
Size
35.0 KB
Accession
0001585521-20-000045
Insider Transaction Report
Form 4
Benhorin Roy
Chief Accounting Officer
Transactions
- Sale
Class A Common Stock
2020-02-19$101.78/sh−1,000$101,779→ 244,127 total - Sale
Class A Common Stock
2020-02-19$102.67/sh−500$51,333→ 243,627 total - Sale
Class A Common Stock
2020-02-19$105.00/sh−22,300$2,341,500→ 221,327 total - Conversion
Class A Common Stock
2020-02-20+42,700→ 264,027 total - Sale
Class A Common Stock
2020-02-20$105.38/sh−42,696$4,499,151→ 221,331 total - Sale
Class A Common Stock
2020-02-20$106.28/sh−4$425→ 221,327 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-02-19−22,300→ 152,700 totalExercise: $0.14Exp: 2025-11-13→ Class B Common Stock (22,300 underlying) - Exercise/Conversion
Class B Common Stock
2020-02-19+22,300→ 22,300 total→ Class A Common Stock (22,300 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2020-02-20−42,700→ 110,000 totalExercise: $0.14Exp: 2025-11-13→ Class B Common Stock (42,700 underlying) - Sale
Class A Common Stock
2020-02-18$95.10/sh−16,000$1,521,595→ 237,327 total - Conversion
Class A Common Stock
2020-02-19+22,300→ 259,627 total - Sale
Class A Common Stock
2020-02-19$100.61/sh−14,500$1,458,787→ 245,127 total - Conversion
Class B Common Stock
2020-02-19−22,300→ 0 total→ Class A Common Stock (22,300 underlying) - Exercise/Conversion
Class B Common Stock
2020-02-20+42,700→ 42,700 total→ Class A Common Stock (42,700 underlying) - Conversion
Class B Common Stock
2020-02-20−42,700→ 0 total→ Class A Common Stock (42,700 underlying)
Holdings
- 16,050
Restricted Stock Units
→ Class A Common Stock (16,050 underlying) - 100,000
Employee Stock Option (right to buy)
Exercise: $3.77Exp: 2028-09-24→ Class B Common Stock (100,000 underlying)
Footnotes (11)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F10]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- [F11]The reporting person received an award of restricted stock units on October 10, 2019, which vest in equal installments on each quarterly anniversary date, subject to the Reporting Person's Continuous Service(as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.38. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.23 to $101.12. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.37 to $102.00. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.44 to $103.00. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F6]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.00 to $105.90. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F7]1/4 of the shares subject to the option vested on November 9, 2016, and 1/48 of the shares vest monthly thereafter.
- [F8]Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person 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.
- [F9]1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018.
Documents
Issuer
Zoom Video Communications, Inc.
CIK 0001585521
Entity typeother
Related Parties
1- filerCIK 0001773302
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 6:26 PM ET
- Size
- 35.0 KB