4//SEC Filing
Benhorin Roy 4
Accession 0001585521-20-000171
CIK 0001585521other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 6:40 PM ET
Size
11.0 KB
Accession
0001585521-20-000171
Insider Transaction Report
Form 4
Benhorin Roy
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2020-06-08+450→ 450 total→ Class A Common Stock (450 underlying)
Holdings
- 110,000
Employee Stock Option (right to buy)
Exercise: $0.14Exp: 2025-11-13→ Class B Common Stock (110,000 underlying) - 100,000
Employee Stock Option (right to buy)
Exercise: $3.77Exp: 2028-09-24→ Class B Common Stock (100,000 underlying) - 14,980
Restricted Stock Units
→ Class A Common Stock (14,980 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- [F2]The reporting person received an award of restricted stock units on June 8, 2020, 1/2 of which will vest on the first anniversary date of the grant, and 1/2 of which will vest on the second anniversary date of the grant.
- [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]1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 24, 2018.
- [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]1/4 of the shares subject to the option vested on November 9, 2016, and 1/48 of the shares vest monthly thereafter.
Documents
Issuer
Zoom Video Communications, Inc.
CIK 0001585521
Entity typeother
Related Parties
1- filerCIK 0001773302
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 6:40 PM ET
- Size
- 11.0 KB