Sec Form 4/A Filing - Yuan Eric S. @ Zoom Video Communications, Inc. - 2021-03-10

FORM 4/A 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 Yuan Eric S. 2. Issuer Name and Ticker or Trading Symbol Zoom Video Communications, Inc. [ ZM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 03/10/2021 (Street) SAN JOSE, CA95113 4. If Amendment, Date Original Filed (MM/DD/YY) 03/12/2021 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ 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

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 Employee Stock Option (right to buy) $ 4.15 03/10/2021 M 4,080 ( 1 ) 09/24/2023 Class B Common Stock ( 2 ) 4,080 $ 0 128,505 D Class B Common Stock ( 2 ) 03/10/2021 M 4,080 ( 2 ) ( 2 ) Class A Common Stock 4,080 $ 0 22,589,592 D Class B Common Stock ( 2 ) 03/10/2021 C 4,080 ( 2 ) ( 2 ) Class A Common Stock 4,080 $ 0 22,585,512 D Employee Stock Option (right to buy) $ 3.77 03/10/2021 M 11,545 ( 3 ) 09/24/2028 Class B Common Stock ( 2 ) 11,545 $ 0 355,870 D Class B Common Stock ( 2 ) 03/10/2021 M 11,545 ( 2 ) ( 2 ) Class A Common Stock 11,545 $ 0 22,597,057 D Class B Common Stock ( 2 ) 03/10/2021 C 11,545 ( 2 ) ( 2 ) Class A Common Stock 11,545 $ 0 22,585,512 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Yuan Eric S. C/O ZOOM VIDEO COMMUNICATIONS, INC. 55 ALMADEN BOULEVARD, 6TH FLOOR SAN JOSE, CA95113 X X Chief Executive Officer Signatures /s/ Aparna Bawa, Attorney-in-Fact 05/04/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares subject to the option vest in monthly installments as follows: approximately 8,840 shares vested on October 24, 2018 and approximately 8,840 shares vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 2,210 shares vested on January 24, 2019 and approximately 2,210 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 2,945 shares vest on the 24th day of each month thereafter through and including September 24, 2022. ( 2 )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. ( 3 )The shares subject to the option vest in monthly installments as follows: approximately 1,577 shares vested on October 24, 2018 and approximately 1,577 vested on the 24th day of each month thereafter through and including December 24, 2018, approximately 8,207 shares vested on January 24, 2019 and approximately 8,207 shares vest on the 24th day of each month thereafter through and including December 24, 2021 and approximately 7,472 shares vest on the 24th day of each month thereafter through and including September 24, 2022. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.

Remarks: This amendment is being filed to correct the number of shares exercised from two separate awards on March 10, 2021, and to correct the number of securities beneficially owned by the Reporting Person through each such award following the corrected transaction. The total number of shares exercised by the Reporting Person and the aggregate number of securities beneficially owned following the exercises remains unchanged. All other information disclosed in the original Form 4 filed on March 12, 2021 remains unchanged.

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).

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