Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Zoom Video Communications, Inc.
(Name of Issuer)
Class A common stock, par value $0.001 per share
(Title of Class of Securities)
98980L101
(CUSIP Number)
December 31, 2019
(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 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
CUSIP No. 98980L101 | 13G | Page 1 of 4 |
1. | NAMES OF REPORTING PERSONS
salesforce.com, inc. | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
2,777,777 | ||||
6. | SHARED VOTING POWER
0 | |||||
7. | SOLE DISPOSITIVE POWER
2,777,777 | |||||
8. | SHARED DISPOSITIVE POWER
0 | |||||
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,777,777 | |||||
10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.5%1 | |||||
12. | TYPE OF REPORTING PERSON
HC, CO |
1 | The percentage is calculated based upon 111,794,527 shares of outstanding Class A common stock as of November 22, 2019, as reported in the Issuers Quarterly Report on Form 10-Q for the quarter ended October 21, 2019, filed with the Securities and Exchange Commission on December 9, 2019. |
CUSIP No. 98980L101 | 13G | Page 2 of 4 |
Item 1(a). | Name of Issuer: |
Zoom Video Communications, Inc., a Delaware corporation (Issuer)
Item 1(b). | Address of Issuers Principal Executive Offices: |
55 Almaden Boulevard, 6th Floor
San Jose, CA 95113
Item 2(a). | Name of Person Filing: |
This Schedule 13G is filed by salesforce.com, inc. (Salesforce).
Item 2(b). | Address of Principal Business Office or, if None, Residence: |
The principal business address of Salesforce is 415 Mission Street, 3rd Floor, San Francisco, CA 94105.
Item 2(c). | Citizenship: |
Salesforce is a Delaware corporation.
Item 2(d). | Title of Class of Securities: |
Class A common stock, par value $0.001
Item 2(e). | CUSIP Number: |
98980L101
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
(b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
(c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
(d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
(e) | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). |
(f) | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). |
(g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G). |
(h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
(i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). |
(j) | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J). |
(k) | Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
Not applicable.
Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) | Amount beneficially owned: |
See Cover Page Item 9.
CUSIP No. 98980L101 | 13G | Page 3 of 4 |
(b) | Percent of class: See Cover Page Item 11. |
(c) | Number of shares as to which the person has: |
(i) | Sole power to vote or to direct the vote: See Cover Page Item 5. |
(ii) | Shared power to vote or to direct the vote: See Cover Page Item 6. |
(iii) | Sole power to dispose or to direct the disposition of: See Cover Page Item 7. |
(iv) | Shared power to dispose or to direct the disposition: See Cover Page Item 8. |
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☒.
Item 6. | Ownership of More Than Five Percent on Behalf of Another Person. |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Salesforce Ventures LLC, a Delaware limited liability company and a wholly owned subsidiary of Salesforce, is the record owner of 2,777,777 shares of Class A common stock.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
Item 10. | Certifications. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
CUSIP No. 98980L101 | 13G | Page 4 of 4 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
SALESFORCE.COM, INC. |
||
/s/ Amy Weaver |
February 7, 2020 | |
Amy Weaver |
||
President, Legal & Corporate Affairs, General Counsel and Secretary |