Form 4 for ZM Zoom Communications, Inc.
Accepted 2021-07-15 00:00:00 ET · period of report 2021-07-13 · accession 0001585521-21-000196 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-15 | 2021-07-13 | ZM | Pelosi Janine | CMO | S - Sale | $379.04 | -4,000 | 17.6K | -19% | -$1.52M |
| D | 2021-07-15 | 2021-07-13 | ZM | Pelosi Janine | CMO | C - Cnv Deriv | $0.00 | +4,000 | 21.6K | +23% | $0 |
| D | 2021-07-15 | 2021-07-13 | ZM | Pelosi Janine | CMO | C - Cnv Deriv | $0.00 | -4,000 | 0 | -100% | $0 |
| DM | 2021-07-15 | 2021-07-13 | ZM | Pelosi Janine | CMO | M - OptEx | $0.00 | 0 | 221.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-07-13 | S | D | 4,000 | $379.04 | 17,572 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-07-13 | C | A | 4,000 | $0.00 | 21,572 | D | — | — | (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. |
| 3 | Derivative | Class B Common Stock | 2021-07-13 | C | D | 4,000 | $0.00 | 0 | D | — · — to — | 4,000 Class A Common Stock | (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. |
| 4 | Derivative | Class B Common Stock | 2021-07-13 | M | A | 4,000 | $0.00 | 4,000 | D | — · — to — | 4,000 Class A Common Stock | (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. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2021-07-13 | M | D | 4,000 | $0.00 | 221,890 | D | $3.77 · — to 2028-09-06 | 4,000 Class B Common Stock | (F5) 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from July 11, 2018. |