4//SEC Filing
Benhorin Roy 4
Accession 0001585521-20-000110
CIK 0001585521other
Filed
Apr 13, 8:00 PM ET
Accepted
Apr 14, 6:40 PM ET
Size
12.5 KB
Accession
0001585521-20-000110
Insider Transaction Report
Form 4
Benhorin Roy
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2020-04-10+1,070→ 222,397 total - Tax Payment
Class A Common Stock
2020-04-10$126.72/sh−496$62,853→ 221,901 total - Exercise/Conversion
Restricted Stock Units
2020-04-10−1,070→ 14,980 total→ Class A Common Stock (1,070 underlying)
Holdings
- 100,000
Employee Stock Option (right to buy)
Exercise: $3.77Exp: 2028-09-24→ Class B Common Stock (100,000 underlying) - 110,000
Employee Stock Option (right to buy)
Exercise: $0.14Exp: 2025-11-13→ Class B Common Stock (110,000 underlying)
Footnotes (6)
- [F1]Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- [F3]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.
- [F4]1/4 of the shares subject to the option vested on November 9, 2016, and 1/48 of the shares vest monthly thereafter.
- [F5]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.
- [F6]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
- Apr 13, 8:00 PM ET
- Accepted
- Apr 14, 6:40 PM ET
- Size
- 12.5 KB