# EDGAR Filing Document

**Accession Number:** 0001585521
**File Stem:** 0001585521-23-000043
**Filing Date:** 2023-3
**Character Count:** 9289
**Document Hash:** e7c31a946d5ab46f2f8f2cfb182fd435
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001585521-23-000043.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001585521-23-000043

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230304

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Bawa Aparna
- **CENTRAL INDEX KEY:** 0001773301

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38865
- **FILM NUMBER:** 23713669

**MAIL ADDRESS:**
- **STREET 1:** C/O ZOOM VIDEO COMMUNICATIONS, INC.
- **STREET 2:** 55 ALMADEN BOULEVARD, 6TH FLOOR
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95113
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zoom Video Communications, Inc.
- **CENTRAL INDEX KEY:** 0001585521
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **IRS NUMBER:** 611648780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**BUSINESS ADDRESS:**
- **STREET 1:** 55 ALMADEN BOULEVARD, 6TH FLOOR
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95113
- **BUSINESS PHONE:** (888) 799-9666

**MAIL ADDRESS:**
- **STREET 1:** 55 ALMADEN BOULEVARD, 6TH FLOOR
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95113

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Bawa Aparna<br><sub>(Last) (First) (Middle)</sub><br>C/O ZOOM VIDEO COMMUNICATIONS, INC.<br>55 ALMADEN BOULEVARD, 6TH FLOOR<br><sub>(Street)</sub><br>SAN JOSE, CA 95113<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Operating Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Zoom Video Communications, Inc. [ ZM ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2023-03-04 |  | M |  | 1710 | A | $0 | 78487 | I | See footnote<sup>(1)</sup> |
| Class A Common Stock | 2023-03-04 |  | F |  | 848<sup>(2)</sup> | D | $71.23 | 77639 | I | See footnote<sup>(1)</sup> |
| Class A Common Stock | 2023-03-06 |  | S |  | 4616 | D | 71.3541<sup>(3)</sup> | 73023 | I | See footnote<sup>(1)</sup> |
| Class A Common Stock | 2023-03-06 |  | S |  | 2384 | D | 72.5192<sup>(4)</sup> | 70639 | I | See footnote<sup>(1)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(5)</sup> | 2023-03-04 |  | M |  |  | 1710 | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 1710.0 | $0 | 10263 | D |  |
| Restricted Stock Units | <sup>(5)</sup> |  |  |  |  |  |  | <sup>(7)</sup> | <sup>(7)</sup> | Class A Common Stock | 6315.0 |  | 6315 | D |  |
| Restricted Stock Units | <sup>(5)</sup> |  |  |  |  |  |  | <sup>(8)</sup> | <sup>(8)</sup> | Class A Common Stock | 167481.0 |  | 167481 | D |  |
| Restricted Stock Units | <sup>(5)</sup> |  |  |  |  |  |  | <sup>(9)</sup> | <sup>(9)</sup> | Class A Common Stock | 22346.0 |  | 22346 | D |  |

---

### Footnotes:

(1) The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.

(2) Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

(3) The price reported in column 4 is a weighted average price.  These shares were sold in multiple transactions at prices ranging from $70.94 to $71.92.  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.

(4) The price reported in column 4 is a weighted average price.  These shares were sold in multiple transactions at prices ranging from $71.99 to 72.95.  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) Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

(6) On July 23, 2020, the Compensation Committee approved an award of restricted stock units to be granted to the Reporting Person, effective September 4, 2020 (the "RSU"). The number of shares of the Issuer's Class A Common Stock issuable under the RSU was determined by dividing $7,000,000 by the average closing price of the Issuer's Class A Common Stock over the sixty (60) day trading period ending seven days prior to the September 4, 2020 grant date and rounding up to the nearest whole share. The RSU vests as to 1/4th of the shares subject to the RSU on the one-year anniversary of the grant date, with1/12 of the remaining shares vesting in equal quarterly installments over the next three years subject to the Reporting Person's continuous service as of such vesting dates. The RSU is 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.

(7) The reporting person received an award of restricted stock units on April 8, 2022, 100% of which will vest on the first anniversary date of the grant.

(8) The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.

(9) The Reporting Person received an award of restricted stock units on April 8, 2022, which will vest in equal quarterly installments over two years.

**Signature:** /s/ Aparna Bawa  
**Date:** 2023-03-07

### Remarks:

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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**