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
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
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, 2022
(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).
1. |
NAMES OF REPORTING PERSONS
Li Ka Shing | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
10,641,376(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
10,641,376(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,641,376(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.33%(2) | |||||
12. | TYPE OF REPORTING PERSON
IN |
(1) | Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini Enterprises Limited (Bucantini), (ii) 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal International Limited (Bonus Goal) and (iii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow Limited (Star Arrow) as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the Securities and Exchange Commission (the SEC) on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Mayspin Management Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
10,641,376(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
10,641,376(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,641,376(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.33%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini, (ii) 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal and (iii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Prime Doyen Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
10,291,376(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
10,291,376(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,291,376(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.19%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini and (ii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Bucantini Enterprises Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
5,605,937(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
5,605,937(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,605,937(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.28%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Star Arrow Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
4,685,439(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
4,685,439(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,685,439(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.91%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Prime Tech Global Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
350,000(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
350,000(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,000(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.14%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Bonus Goal International Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
350,000(1) | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
350,000(1) |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,000(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.14%(2) | |||||
12. | TYPE OF REPORTING PERSON
CO |
(1) | Represents 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal as of February 7, 2023. |
(2) | The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as file d by the Issuer with the SEC on November 23, 2022). |
1. |
NAMES OF REPORTING PERSONS
Insight Advance Limited | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3. | SEC USE ONLY
| |||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
-0- | ||||
6. | SHARED VOTING POWER
-0- | |||||
7. | SOLE DISPOSITIVE POWER
-0- | |||||
8. | SHARED DISPOSITIVE POWER
-0- |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0- | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00% | |||||
12. | TYPE OF REPORTING PERSON
CO |
Item 1. |
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 | ||||
Item 2. |
Filing Person | |||
(a) (c) |
Name of Persons Filing; Address; Citizenship: | |||
(i) Li Ka Shing (Mr. Li), a Hong Kong citizen; | ||||
(ii) Mayspin Management Limited (Mayspin), a British Virgin Islands company; | ||||
(iii) Prime Doyen Limited (Prime Doyen), a British Virgin Islands company; | ||||
(iv) Bucantini Enterprises Limited, a British Virgin Islands company; | ||||
(v) Star Arrow Limited, a British Virgin Islands company; | ||||
(vi) Prime Tech Global Limited (Prime Tech), a British Virgin Islands company; | ||||
(vii) Bonus Goal International Limited, a British Virgin Islands company; and | ||||
(viii) Insight Advance Limited (Insight Advance), a British Virgin Islands company. | ||||
The address of the principal business office of each of the reporting persons are Cheung Kong Center, 7th Floor, 2 Queens Road Central, Hong Kong. | ||||
(d) |
Title of Class of Securities: | |||
Class A common stock, $0.001 par value per share | ||||
(e) |
CUSIP Number: | |||
98980L101 | ||||
Item 3. |
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); | |||
(g) |
☐ A parent holding company or control person in accordance with Rule 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; | |||
(j) |
☐ A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); | |||
(k) | ☐ Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | |||
If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
Item 4. |
Ownership. |
|||
(a) and (b) |
Amount beneficially owned: | |||
(i) Bucantini directly owns 5,605,937 shares of Class A common stock, which represents approximately 2.28% of the outstanding shares of Class A common stock of the Issuer. | ||||
(ii) Star Arrow directly owns 4,685,439 shares of Class A common stock, which represents approximately 1.91% of the outstanding shares of Class A common stock of the Issuer. | ||||
(iii) Prime Doyen is the sole shareholder of Bucantini, and as such, Prime Doyen may also be deemed to beneficially own 5,605,937 shares of Class A common stock, which represents approximately 2.28% of the outstanding shares of Class A common stock of the Issuer. | ||||
Prime Doyen is also the sole shareholder of Star Arrow, and as such, Prime Doyen may also be deemed to beneficially own 4,685,439 shares of Class A common stock, which represents approximately 1.91% of the outstanding shares of Class A common stock of the Issuer. | ||||
Collectively, Prime Doyen may be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents 4.19% of the outstanding shares of Class A common stock of the Issuer. | ||||
(iv) Bonus Goal directly owns 350,000 shares of Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer. | ||||
(v) Insight Advance directly owns nil share of Class A common stock. | ||||
(vi) Prime Tech is the sole shareholder of Bonus Goal and Insight Advance, and as such, Prime Tech may also be deemed to beneficially own 350,000 shares of Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer. | ||||
(vii) Mayspin is the sole shareholder of Prime Doyen, which is the sole shareholder of Bucantini and Star Arrow, and as such, Mayspin may also be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents approximately 4.19% of the outstanding shares of Class A common stock of the Issuer. | ||||
Mayspin is also the sole shareholder of Prime Tech, which is the sole shareholder of Bonus Goal and Insight Advance, and as such, Mayspin may also be deemed to beneficially own 350,000 shares of the Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer. | ||||
Collectively, Mayspin may be deemed to beneficially own 10,641,376 shares of Class A common stock, which represents 4.33% of the outstanding shares of Class A common stock of the Issuer. | ||||
(viii) Mr. Li is the sole shareholder of Mayspin, which is the sole shareholder of Prime Doyen, which is the sole shareholder of Bucantini and Star Arrow, and as such, Mr. Li may also be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents approximately 4.19% of the outstanding shares of Class A common stock. | ||||
Since Mayspin is also the sole shareholder of Prime Tech, which is the sole shareholder of Bonus Goal and Insight Advance, Mr. Li, as the sole shareholder of Mayspin, may also be deemed to beneficially own 350,000 shares of the Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer. | ||||
Collectively, Mr. Li may be deemed to beneficially own 10,641,376 shares of Class A common stock, which represents 4.33% of the outstanding shares of Class A common stock of the Issuer. |
The percentages of share ownership calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).
(c) | Number of shares as to which such person has: |
Number of Shares of Class A Common Stock | ||||||||||||||||
Reporting Person |
(i) | (ii) | (iii) | (iv) | ||||||||||||
Li Ka Shing |
-0- | 10,641,376 | -0- | 10,641,376 | ||||||||||||
Mayspin Management Limited |
-0- | 10,641,376 | -0- | 10,641,376 | ||||||||||||
Prime Doyen Limited |
-0- | 10,291,376 | -0- | 10,291,376 | ||||||||||||
Bucantini Enterprises Limited |
-0- | 5,605,937 | -0- | 5,605,937 | ||||||||||||
Star Arrow Limited |
-0- | 4,685,439 | -0- | 4,685,439 | ||||||||||||
Prime Tech Global Limited |
-0- | 350,000 | -0- | 350,000 | ||||||||||||
Bonus Goal International Limited |
-0- | 350,000 | -0- | 350,000 | ||||||||||||
Insight Advance Limited |
-0- | -0- | -0- | -0- |
(i) | Sole power to vote or direct the vote |
(ii) | Shared power to vote or to direct the vote |
(iii) | Sole power to dispose or to direct the disposition of |
(iv) | Shared power to dispose or to direct the disposition of |
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. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2023
LI KA SHING | ||
By: | /s/ Li Ka Shing | |
Name: Li Ka Shing | ||
MAYSPIN MANAGEMENT LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
PRIME DOYEN LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
BUCANTINI ENTERPRISES LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
STAR ARROW LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
PRIME TECH GLOBAL LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
BONUS GOAL INTERNATIONAL LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director | ||
INSIGHT ADVANCE LIMITED | ||
By: | /s/ Pau Yee Wan Ezra | |
Name: Pau Yee Wan Ezra | ||
Title: Director |