Statement of Changes in Beneficial Ownership (4)
16 June 2022 - 07:56AM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person *
Steckelberg Kelly |
2. Issuer Name and Ticker or Trading
Symbol Zoom Video Communications, Inc. [ ZM ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Financial Officer |
(Last)
(First)
(Middle)
C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD,
6TH FLOOR |
3. Date of Earliest Transaction (MM/DD/YYYY)
6/13/2022
|
(Street)
SAN JOSE, CA 95113
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Class A Common Stock |
6/13/2022 |
|
C |
|
6700 |
A |
$0 |
6700 |
D |
|
Class A Common Stock |
6/13/2022 |
|
S(1) |
|
2900 |
D |
$103.413 (2) |
3800 |
D |
|
Class A Common Stock |
6/13/2022 |
|
S(1) |
|
2700 |
D |
$104.27 (3) |
1100 |
D |
|
Class A Common Stock |
6/13/2022 |
|
S(1) |
|
1000 |
D |
$105.038 (4) |
100 |
D |
|
Class A Common Stock |
6/13/2022 |
|
S(1) |
|
100 |
D |
$105.95 |
0 |
D |
|
Class A Common Stock |
|
|
|
|
|
|
|
3574 (5) |
I |
See footnote (6) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (right to
buy) |
$1.31 |
6/13/2022 |
|
M |
|
|
6700 |
(7) |
1/6/2028 |
Class B Common Stock (8) |
6700.0 |
$0 |
737600 |
D |
|
Class B Common Stock |
$0.0 |
6/13/2022 |
|
M |
|
6700 |
|
(8) |
(8) |
Class A Common Stock |
6700.0 |
$0 |
6700 |
D |
|
Class B Common Stock |
$0.0 |
6/13/2022 |
|
C |
|
|
6700 |
(8) |
(8) |
Class A Common Stock |
6700.0 |
$0 |
0 |
D |
|
Employee Stock Option (right to
buy) |
$3.77 |
|
|
|
|
|
|
(9) |
9/24/2028 |
Class B Common Stock (8) |
100000.0 |
|
100000 |
D |
|
Restricted Stock Units |
(10) |
|
|
|
|
|
|
(11) |
(11) |
Class A Common Stock |
6315.0 |
|
6315 |
D |
|
Restricted Stock Units |
(10) |
|
|
|
|
|
|
(12) |
(12) |
Class A Common Stock |
139.0 |
|
139 |
D |
|
Restricted Stock Units |
(10) |
|
|
|
|
|
|
(13) |
(13) |
Class A Common Stock |
225.0 |
|
0 |
D |
|
Explanation of
Responses: |
(1) |
The sales reported on this
Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted
by the Reporting Person. |
(2) |
The price reported in column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $102.82 to $103.79. 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. |
(3) |
The price reported in column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $103.83 to $104.76. 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. |
(4) |
The price reported in column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $104.86 to $105.47. 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. |
(5) |
Includes 135 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, 2021 toJune 10, 2022. 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 June 10,
2022. |
(6) |
The shares are held of
record by Kelly Steckelberg Trust dated July 29, 2006, for which
the Reporting Person serves as trustee. |
(7) |
1/4 of the shares subject to
the option vested on November 6, 2018, and 1/48 of the shares vest
monthly thereafter. The shares subject to this option are early
exercisable, subject to the Issuer's right to
repurchase. |
(8) |
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. |
(9) |
1/48 of the shares subject
to the option vests in equal monthly installments commencing one
month from September 24, 2018. The shares subject to this option
are early exercisable, subject to the Issuer's right to
repurchase. |
(10) |
Each restricted stock unit
represents a contingent right to receive one share of Issuer's
Class A Common Stock. |
(11) |
The reporting person
received an award of restricted stock units on April 8, 2022, 100%
of which will vest on the first anniversary date of the
grant. |
(12) |
The reporting person
received an award of restricted stock units on April 8, 2022, 100%
of which will vest on June 8, 2022. |
(13) |
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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Steckelberg Kelly
C/O ZOOM VIDEO COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR
SAN JOSE, CA 95113 |
|
|
Chief Financial Officer |
|
Signatures
|
/s/ Aparna Bawa, Attorney-in-Fact |
|
6/15/2022 |
**Signature of
Reporting Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
Zoom Video Communications (NASDAQ:ZM)
Historical Stock Chart
From Jul 2022 to Aug 2022
Zoom Video Communications (NASDAQ:ZM)
Historical Stock Chart
From Aug 2021 to Aug 2022