Sec Form 13G Filing - SHING LI KA @ Zoom Communications Inc.

Sec Form 13G Filing - SHING LI KA filing for Zoom Communications Inc. (ZM) - 2021-02-09

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.

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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, 2020

(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 person’s 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. 98980L101		SCHEDULE 13G/A		Page 2 of 14 Pages

(1)

Represents (i) 7,508,398 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”), (iii) 2,000,000 shares of Class A common stock of the Issuer owned directly by Star Arrow Limited (“Star Arrow”) and (iv) 754 shares of Class A common stock of the Issuer owned directly by Insight Advance Limited (“Insight Advance”).

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the Securities and Exchange Commission (the “SEC”) on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 3 of 14 Pages

(1)

Represents (i) 7,508,398 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, (iii) 2,000,000 shares of Class A common stock of the Issuer owned directly by Star Arrow and (iv) 754 shares of Class A common stock of the Issuer owned directly by Insight Advance.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 4 of 14 Pages

(1)	Represents (i) 7,508,398 shares of Class A common stock of the Issuer owned directly by Bucantini, and (ii) 2,000,000 shares of Class A common stock of the Issuer owned directly by Star Arrow.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).

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CUSIP No. 98980L101		SCHEDULE 13G/A		Page 5 of 14 Pages

(1)	Represents 7,508,398 shares of Class A common stock of the Issuer owned directly by Bucantini.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 6 of 14 Pages

(1)	Represents 2,000,000 shares of Class A common stock of the Issuer owned directly by Star Arrow.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 7 of 14 Pages

(1)	Represents (i) 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal, and (ii) 754 shares of Class A common stock of the Issuer owned directly by Insight Advance.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 8 of 14 Pages

(1)	Represents 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 9 of 14 Pages

(1)	Represents 754 shares of Class A common stock of the Issuer owned directly by Insight Advance.

(2)	The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 10 of 14 Pages


Item 1.		Issuer

	(a)	Name of Issuer:

		Zoom Video Communications, Inc. (the “Issuer”)

	(b)	Address of Issuer’s 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, a Hong Kong citizen; (ii) Mayspin Management Limited, a British Virgin Islands company; (iii) Prime Doyen Limited, 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, a British Virgin Islands company; (vii) Bonus Goal International Limited, a British Virgin Islands company; and (viii) Insight Advance Limited, a British Virgin Islands company. The address of the principal business office of each of the reporting persons are Cheung Kong Center, 7^th Floor, 2 Queen’s 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:


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 11 of 14 Pages



Item 4.	Ownership.

	(a) and (b)	Amount beneficially owned:

		(i)	Bucantini directly owns 7,508,398 shares of Class A common stock, which represents approximately 3.77846% of the outstanding shares of Class A common stock of the Issuer.

		(ii)	Star Arrow directly owns 2,000,000 shares of Class A common stock, which represents approximately 1.00646% of the outstanding shares of Class A common stock of the Issuer.

		(iii)	Prime Doyen Limited (“Prime Doyen”) is the sole shareholder of Bucantini, and as such, Prime Doyen may also be deemed to beneficially own 7,508,398 shares of Class A common stock, which represents approximately 3.77846% 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 2,000,000 shares of Class A common stock, which represents approximately 1.00646% of the outstanding shares of Class A common stock of the Issuer. Collectively, Prime Doyen may be deemed to beneficially own 9,508,398 shares of Class A common stock, which represents 4.78493% 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 0.17613% of the outstanding shares of Class A common stock of the Issuer.

		(v)	Insight Advance directly owns 754 shares of Class A common stock, which represents approximately 0.00038% of the outstanding shares of Class A common stock of the Issuer.

		(vi)	Prime Tech Global Limited (“Prime Tech”) is the sole shareholder of Bonus Goal, and as such, Prime Tech may also be deemed to beneficially own 350,000 shares of Class A common stock, which represents approximately 0.17613% of the outstanding shares of Class A common stock of the Issuer. Prime Tech is also the sole shareholder of Insight Advance, and as such, Prime Tech may also be deemed to beneficially own 754 shares of Class A common stock, which represents approximately 0.00038% of the outstanding shares of Class A common stock of the Issuer. Collectively, Prime Tech may be deemed to beneficially own 350,754 shares of Class A common stock, which represents 0.17651% of the outstanding shares of Class A common stock of the Issuer.

		(vii)	Mayspin Management Limited (“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 9,508,398 shares of Class A common stock, which represents approximately 4.78493% 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 350,754 shares of the Class A common stock, which represents approximately 0.17651% of the outstanding shares of Class A common stock of the Issuer. Collectively, Mayspin may be deemed to beneficially own 9,859,152 shares of Class A common stock, which represents 4.96144% of the outstanding shares of Class A common stock of the Issuer.

		(viii)	Li Ka Shing (“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 9,508,398 shares of Class A common stock, which represents approximately 4.78493% 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 350,754 shares of the Class A common stock, which represents approximately 0.17651% of the outstanding shares of Class A common stock of the Issuer.


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 12 of 14 Pages


	Number of Shares of Class A Common Stock
Reporting Person	(i)		(ii)		(iii)		(iv)
Li Ka Shing		-0-		9,859,152		-0-		9,859,152
Mayspin Management Limited		-0-		9,859,152		-0-		9,859,152
Prime Doyen Limited		-0-		9,508,398		-0-		9,508,398
Bucantini Enterprises Limited		-0-		7,508,398		-0-		7,508,398
Star Arrow Limited		-0-		2,000,000		-0-		2,000,000
Prime Tech Global Limited		-0-		350,754		-0-		350,754
Bonus Goal International Limited		-0-		350,000		-0-		350,000
Insight Advance Limited		-0-		754		-0-		754


		(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

		The percent of class was calculated based on 198,715,606 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on December 4, 2020).

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. & #xA0; Not applicable.

Item 10.		Certification . Not applicable.


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 13 of 14 Pages

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 9, 2021


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


CUSIP No. 98980L101		SCHEDULE 13G/A		Page 14 of 14 Pages


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

NAMES OF REPORTING PERSONS

Li Ka Shing

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ (b) ☒

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Hong Kong