Sec Form 4 Filing - Bucantini Enterprises 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
Bucantini Enterprises 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 7/F, CHEUNG KONG CENTER, 2 QUEEN'S ROAD CENTRAL
3. Date of Earliest Transaction (MM/DD/YY)
04/23/2019
(Street)
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 ) 507,243 A $ 0 507,243 D ( 2 )
Class A Common Stock 04/23/2019 S 507,243 D $ 34.2 ( 3 ) 0 D ( 2 )
Class A Common Stock 04/23/2019 P 350,000 A $ 36 350,000 I By Bonus Goal International Limited ( 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 ( 5 ) 04/23/2019 C( 5 ) 292,386 ( 5 ) ( 5 ) Class B Common Stock 292,386 $ 0 0 D ( 2 )
Series B Convertible Preferred Stock ( 5 ) 04/23/2019 C( 5 ) 11,934,360 ( 5 ) ( 5 ) Class B Common Stock 11,934,360 $ 0 0 D ( 2 )
Series C Convertible Preferred Stock ( 5 ) 04/23/2019 C( 5 ) 2,396,020 ( 5 ) ( 5 ) Class B Common Stock 2,396,020 $ 0 0 D ( 2 )
Class B Common Stock ( 1 ) 04/23/2019 C( 5 ) 14,622,766 ( 1 ) ( 1 ) Class A Common Stock 14,622,766 $ 0 14,715,641 D ( 2 )
Class B Common Stock ( 1 ) 04/23/2019 C 507,243 ( 1 ) ( 1 ) Class A Common Stock 507,243 $ 0 14,208,398 D ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bucantini Enterprises Ltd
C/O 7/F, CHEUNG KONG CENTER
2 QUEEN'S ROAD CENTRAL
HONG KONG
X
Prime Doyen Ltd
C/O 7/F, CHEUNG KONG CENTER
2 QUEEN'S ROAD CENTRAL
HONG KONG
X
Mayspin Management Ltd
C/O 7/F, CHEUNG KONG CENTER
2 QUEEN'S ROAD CENTRAL
HONG KONG
X
Li Ka Shing
C/O 7/F, CHEUNG KONG CENTER
2 QUEEN'S ROAD CENTRAL
HONG KONG
X
Signatures
Bucantini Enterprises Limited, By: /s/ Pau Yee Wan Ezra, Director 05/07/2019
Signature of Reporting Person Date
Prime Doyen Limited, By: /s/ Pau Yee Wan Ezra, Director 05/07/2019
Signature of Reporting Person Date
Mayspin Management Limited, By: /s/ Pau Yee Wan Ezra, Director 05/07/2019
Signature of Reporting Person Date
/s/ Li Ka Shing 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 Bucantini Enterprises Limited ("Bucantini"). The sole shareholder of Bucantini is Prime Doyen Limited ("Prime Doyen"), the sole shareholder of Prime Doyen is Mayspin Management Limited ("Mayspin"), and the sole shareholder of Mayspin is Li Ka Shing ("Li Ka Shing"). 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 his 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 )Bucantini 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 Bucantini sold shares to the underwriters, which is net of underwriting commissions.
( 4 )Shares purchased by Bonus Goal International Limited ("Bonus Goal") from the underwriters at the closing of the Issuer's initial public offering of Class A Common Stock (the "IPO"). Bonus Goal is wholly-owned by Mayspin, which is wholly-owned by Li Ka Shing. 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 his 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.
( 5 )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.

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