4//SEC Filing
Pelosi Janine 4
Accession 0001585521-21-000196
CIK 0001585521other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 7:24 PM ET
Size
17.1 KB
Accession
0001585521-21-000196
Insider Transaction Report
Form 4
Pelosi Janine
Chief Marketing Officer
Transactions
- Sale
Class A Common Stock
2021-07-13$379.04/sh−4,000$1,516,160→ 17,572 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-07-13−4,000→ 221,890 totalExercise: $3.77Exp: 2028-09-06→ Class B Common Stock (4,000 underlying) - Conversion
Class B Common Stock
2021-07-13−4,000→ 0 total→ Class A Common Stock (4,000 underlying) - Conversion
Class A Common Stock
2021-07-13+4,000→ 21,572 total - Exercise/Conversion
Class B Common Stock
2021-07-13+4,000→ 4,000 total→ Class A Common Stock (4,000 underlying)
Holdings
- 7,310(indirect: See footnote)
Class A Common Stock
- 7,310(indirect: See footnote)
Class A Common Stock
- 225
Restricted Stock Units
→ Class A Common Stock (225 underlying)
Footnotes (8)
- [F1]Includes 695 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2020 to June 12, 2021. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on April 17, 2019.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F3]The shares are held of record by the JJ Pelosi 2021 Zoom GRAT, for which the Reporting Person's spouse serves as trustee.
- [F4]The shares are held of record by the JA Pelosi 2021 Zoom GRAT, for which the Reporting Person serves as trustee.
- [F5]1/48 of the shares subject to the option vests in equal monthly installments commencing one month from July 11, 2018.
- [F6]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 convert automatically 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.
- [F7]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- [F8]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.
Documents
Issuer
Zoom Video Communications, Inc.
CIK 0001585521
Entity typeother
Related Parties
1- filerCIK 0001773299
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 7:24 PM ET
- Size
- 17.1 KB