Sec Form 4 Filing - Sankarlingam Velchamy @ Zoom Video Communications, Inc. - 2021-07-08

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
Sankarlingam Velchamy
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)
Pres. of Engineering & Product
(Last) (First) (Middle)
C/O ZOOM VIDEO COMMUNICATIONS, INC., 6TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
07/08/2021
(Street)
SAN JOSE, CA95113
4. If Amendment, Date Original Filed (MM/DD/YY)
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
Class A Common Stock 07/08/2021 M 25,310 A $ 0 25,423 ( 1 ) D
Class A Common Stock 07/08/2021 F 12,602 ( 2 ) D $ 380.66 12,821 D
Class A Common Stock 07/12/2021 S( 3 ) 130 D $ 378.5131 ( 4 ) 12,691 D
Class A Common Stock 07/12/2021 S( 3 ) 581 D $ 379.8024 ( 5 ) 12,110 D
Class A Common Stock 07/12/2021 S( 3 ) 1,200 D $ 380.7271 ( 6 ) 10,910 D
Class A Common Stock 07/12/2021 S( 3 ) 1,000 D $ 381.8325 ( 7 ) 9,910 D
Class A Common Stock 07/12/2021 S( 3 ) 900 D $ 382.9911 ( 8 ) 9,010 D
Class A Common Stock 07/12/2021 S( 3 ) 1,200 D $ 384.0717 ( 9 ) 7,810 D
Class A Common Stock 07/12/2021 S( 3 ) 1,760 D $ 385.3798 ( 10 ) 6,050 D
Class A Common Stock 07/12/2021 S( 3 ) 1,160 D $ 386.8594 ( 11 ) 4,890 D
Class A Common Stock 07/12/2021 S( 3 ) 1,000 D $ 387.7195 ( 12 ) 3,890 D
Class A Common Stock 07/12/2021 S( 3 ) 300 D $ 389.2913 ( 13 ) 3,590 D
Class A Common Stock 07/12/2021 S( 3 ) 300 D $ 390.4067 ( 14 ) 3,290 D
Class A Common Stock 36,060 I Velchamy Family Trust
Class A Common Stock 2,000 I By Ashwini Velchamy
Class A Common Stock 2,000 I By Janani Velchamy
Class A Common Stock 2,000 I By Harshini Velchamy
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
Restricted Stock Units ( 15 ) 07/08/2021 M 25,310 ( 16 ) ( 16 ) Class A Common Stock 25,310 $ 0 75,930 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sankarlingam Velchamy
C/O ZOOM VIDEO COMMUNICATIONS, INC.
6TH FLOOR
SAN JOSE, CA95113
Pres. of Engineering & Product
Signatures
/s/ Aparna Bawa, Attorney-in-Fact 07/12/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 113 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 June 11, 2021.
( 2 )Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
( 3 )The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
( 4 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.18 to $378.97. 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 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.22 to $380.21. 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.
( 6 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.26 to $381.25. 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.
( 7 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.34 to $382.30. 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.
( 8 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.62 to $383.51. 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.
( 9 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.75 to $384.42. 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.
( 10 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $384.85 to $385.83. 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.
( 11 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $386.27 to $387.25. 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.
( 12 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $387.27 to $388.24. 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.
( 13 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $388.87 to $389.67. 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.
( 14 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.88 to $390.72. 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.
( 15 )Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
( 16 )The Reporting Person received an award of restricted stock units, 1/4 of which will vest on July 8, 2021 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting Person's continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of termination of employment by the Reporting Person under certain circumstances in connection with a change in control of the Issuer.

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