Sec Form 4 Filing - Puccini World Ltd @ Zoom Video Communications, Inc. - 2019-04-23

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Puccini World Ltd
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 X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SUITES PT. 2909 & 2910, HARBOUR CENTRE, 25 HARBOUR RD
3. Date of Earliest Transaction (MM/DD/YY)
04/23/2019
(Street)
WANCHAI, HONG KONG
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 04/23/2019 C( 1 ) 223,124 A $ 0 223,124 D ( 2 )
Class A Common Stock 04/23/2019 S 223,124 D $ 34.2 ( 3 ) 0 D ( 2 )
( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Series A Convertible Preferred Stock 04/23/2019 C( 4 ) 76,355 ( 4 ) ( 4 ) Class B Common Stock 76,355 $ 0 0 D ( 2 )
Series B Convertible Preferred Stock ( 4 ) 04/23/2019 C( 4 ) 7,956,240 ( 4 ) ( 4 ) Class B Common Stock 7,956,240 $ 0 0 D ( 2 )
Series C Convertible Preferred Stock ( 4 ) 04/23/2019 C( 4 ) 1,597,344 ( 4 ) ( 4 ) Class B Common Stock 1,597,344 $ 0 0 D ( 2 )
Class B Common Stock ( 1 ) 04/23/2019 C( 4 ) 9,629,939 ( 1 ) ( 1 ) Class A Common Stock 9,629,939 $ 0 9,629,939 D ( 2 )
Class B Common Stock ( 1 ) 04/23/2019 C 223,124 ( 1 ) ( 1 ) Class A Common Stock 223,124 $ 0 9,406,815 D ( 2 )
Series A Convertible Preferred Stock ( 4 ) 04/23/2019 C( 4 ) 46,667 ( 4 ) ( 4 ) Class B Common Stock 46,667 $ 0 0 D ( 5 )
Class B Common Stock ( 1 ) 04/23/2019 C( 4 ) 46,667 ( 1 ) ( 1 ) Class A Common Stock 46,667 $ 0 104,179 D ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Puccini World Ltd
C/O SUITES PT. 2909 & 2910
HARBOUR CENTRE, 25 HARBOUR RD
WANCHAI, HONG KONG
X
Oscar Time Ltd
C/O SUITES PT. 2909 & 2910
HARBOUR CENTRE, 25 HARBOUR RD
WANCHAI, HONG KONG
X
Cranwood Co Ltd
C/O SUITES PT. 2909 & 2910
HARBOUR CENTRE, 25 HARBOUR RD
WANCHAI, HONG KONG
X
Composers International Ltd
C/O SUITES PT. 2909 & 2910
HARBOUR CENTRE, 25 HARBOUR RD
WANCHAI, HONG KONG
X
Chau Hoi Shuen Solina Holly
C/O SUITES PT. 2909 & 2910
HARBOUR CENTRE, 25 HARBOUR RD
WANCHAI, HONG KONG
X
Signatures
Puccini World Limited, By: /s/ Ng Ngar Bun Raymond, Attorney-in-Fact 05/07/2019
Signature of Reporting Person Date
Oscar Time Limited, By: /s/ Ng Ngar Bun Raymond, Attorney-in-Fact 05/07/2019
Signature of Reporting Person Date
Cranwood Company Limited, By: /s/ Ng Ngar Bun Raymond, Attorney-in-Fact 05/07/2019
Signature of Reporting Person Date
Composers International Limited, By: /s/ Ng Ngar Bun Raymond, Attorney-in-Fact 05/07/2019
Signature of Reporting Person Date
Chau Hoi Shuen Solina Holly, By: /s/ Ng Ngar Bun Raymond, Attorney-in-Fact 05/07/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each share of Class B Common Stock is convertible at the option of the Reporting Person into one (1) share of Class A Common Stock, and has no expiration date. Each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon certain events specified in the Issuer's certificate of incorporation. In connection with the sale of the Class A Common Stock by certain Reporting Persons as reported above, each share of Class B Common Stock converted into one (1) share of Class A Common Stock.
( 2 )Shares held directly by Puccini World Limited ("Puccini"). Puccini is directly wholly-owned by Chau Hoi Shuen Solina Holly ("Solina Chau"). Each of the reporting persons on this filing disclaims Section 16 beneficial ownership of the shares, except to the extent, if any, of its or her pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose.
( 3 )The Reporting Person sold shares to the underwriters in connection with the closing of the Issuer's initial public offering. The reported sale price reflects the price at which the Reporting Person sold shares to the underwriters, which is net of underwriting commissions.
( 4 )Each share of convertible preferred stock automatically converted into one (1) share of Class B Common Stock immediately prior to the closing of the IPO, and had no expiration date.
( 5 )Shares held directly by Oscar Time Limited ("Oscar Time"). Oscar Time is wholly-owned by Cranwood Company Limited, which is wholly-owned by Composers International Limited, which is wholly-owned by Solina Chau. Each of the reporting persons on this filing disclaims Section 16 beneficial ownership of the shares, except to the extent, if any, of its or her pecuniary interest therein, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 or any other purpose.

Remarks:
Exhibit 24 - Power of Attorney (incorporated herein by reference to the Power of Attorney filed as Exhibit 24 to the Form 3 filed by the Reporting Persons on May 07, 2019)

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