SC 13G/A: Zoom Video Communications, Inc.

Ticker: ZM · Form: SC 13G/A · Filed: Feb 14, 2024

Sentiment: neutral

Topics: sc-13g-a

AI Summary

SC 13G/A filing by Zoom Video Communications, Inc..

Risk Assessment

Risk Level: low

Filing Stats: 1,148 words · 5 min read · ~4 pages · Grade level 8.2 · Accepted 2024-02-14 16:01:02

Key Financial Figures

Filing Documents

From the Filing

SC 13G/A 1 d786911dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 4)* Zoom Video Communications, Inc. (Name of Issuer) CLASS A COMMON STOCK, $0.001 PAR VALUE PER SHARE (Title of Class of Securities) 98980L101 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 9890L101 SCHEDULE 13G Page 2 of 5 1. NAMES OF REPORTING PERSONS Eric S. Yuan 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 68,455(1)(3) 6. SHARED VOTING POWER 22,609,762(2)(3) 7. SOLE DISPOSITIVE POWER 68,455(1)(3) 8. SHARED DISPOSITIVE POWER 22,609,762(2)(3) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,678,217 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.4% of capital stock, 8.0% of Class A Common Stock (3)(4)(5) 12. TYPE OF REPORTING PERSON IN (1) Represents 68,455 shares of Class A Common Stock that are issuable upon vesting of restricted stock units within 60 days of December 31, 2023 held by Mr. Yuan. (2) Represents (i) 82,270 shares of Class A Common Stock; and (ii) 22,527,492 shares of Class B Common Stock held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the 2018 Yuan and Zhang Revocable Trust, for which Mr. Yuan and his spouse serve as cotrustees. (3) Each share of Class A Common Stock is entitled to one vote, and each share of Class B Common Stock is entitled to ten votes. 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 Issuers certificate of incorporation. (4) The percent of class was calculated based on (i) 259,561,761 shares of Class A Common Stock and (ii) 46,660,424 shares of Class B Common Stock outstanding as of December 31, 2023. (5) Based on the aggregate number of shares of Class B Common Stock beneficially owned by the reporting person, which pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended, is treated as converted into Class A Common Stock only for purposes of computing the percentage ownership of the reporting person. In accordance with Rule 13d-3, the percentage reported does not reflect the ten for one voting power of the Class B Common Stock because the Class B Common Stock is not a registered class of voting equity securities under the Securities Exchange Act of 1934, as amended. The 22,527,492 shares of Class B Common Stock held by Eric S. Yuan represent 31.0% of the aggregate combined voting power of the Class A Common Stock and Class B Common Stock. CUSIP No. 9890L101 SCHEDULE 13G Page 3 of 5 Item1. Issuer (a) Name of Issuer: Zoom Video Communications, Inc. (the Issuer ) (b) Address of Issuers Principal Executive Offices: 55 Almaden Boulevard, 6th Floor San Jose, California 95113 Item2. Filing Person (a) Name of Persons Filing: Eric S. Yuan (b) Address of Principal Business Office, or if none, Residence: 55 Almaden, Boulevard, 6th Floor San Jose, California, 95113 (c) Citizenship: United States of America (d) Title of Class of Securities: Class A Common Stock, $0.001 par value per share (e) CUSIP Number: 98980L101 Item3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act; (b) Bank as defined in Section 3(a)(6) of the Act; (c) Insurance company as defined in Section 3(a)(19) of the Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); CUSIP No. 9890L101 SCHEDULE 13G Page 4 of 5 (g) A parent holding company or contro

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