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ZoomInfo Technologies Inc. — Director's Dealing 2021
Sep 9, 2021
31220_dirs_2021-09-08_31a76084-05bc-4782-b5a6-3aa41814cff8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ZoomInfo Technologies Inc. (ZI)
CIK: 0001794515
Period of Report: 2021-09-03
Reporting Person: Schuck Henry (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-03 | Class A Common Stock | M | 1928870 | $4 | Acquired | 1928870 | Direct |
| 2021-09-03 | Class A Common Stock | M | 450000 | $21 | Acquired | 2378870 | Direct |
| 2021-09-03 | Class A Common Stock | F | 261551 | $65.63 | Disposed | 2117319 | Direct |
| 2021-09-03 | Class A Common Stock | C | 14815232 | — | Acquired | 14815232 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-03 | Class P Units of ZoomInfo Holdings LLC | $4.0 | M | 1928870 | Disposed | Class A Common Stock (1928870.0) | Direct | |
| 2021-09-03 | Class P Units of ZoomInfo Holdings LLC | $21.0 | M | 450000 | Disposed | Class A Common Stock (450000.0) | Direct | |
| 2021-09-03 | LLC Units of ZoomInfo Holdings LLC | $ | C | 14815232 | Disposed | Class A Common Stock (14815232.0) | Indirect |
Footnotes
F1: Reflects Class P limited liability company units ("Class P Units") of ZoomInfo Holdings LLC ("OpCo") which are profits interests that are economically similar to a stock settled stock option. Vested Class P units are exchangeable, at the holder's election, into a number of shares of the Class A common stock of ZoomInfo Technologies Inc. ("Class A Common Stock") equal in value to the "spread value" represented by the excess of the value of shares of Class A Common Stock at the time of exchange above the "distribution threshold" associated with the Class P Units, multiplied by the number of Class P Units being exchanged.
F2: Reflects Class P Units of which 50% vested March 12, 2020, and the remaining 50% vest in equal monthly installments during the 24 months thereafter. Unvested units were exchanged for restricted shares of Class A Common Stock with the same vesting schedule.
F3: Reflects Class P Units that vest as follows: (a) one-third vest on June 3, 2022, (b) one-third vest on June 3, 2023, and (c) one-third vest on June 3, 2024. Unvested units were exchanged for restricted shares of Class A Common Stock with the same vesting schedule.
F4: Reflects shares deemed to be withheld in connection with the exchange of Class P Units described herein.
F5: Pursuant to the terms of the limited liability company agreement for OpCo, limited liability company units of OpCo ("OpCo Units") and an equal number of shares of the Issuer's Class B common stock ("Class B Common Stock"), together are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of DO Holdings (WA), LLC, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications. These exchange rights do not expire. Shares of Class B Common Stock have no economic value and have 10 votes per share.
F6: Reflects securities held directly by DO Holdings (WA), LLC. DO Holdings (WA), LLC is owned by Henry Schuck and Kirk Brown. The Reporting Person may be deemed to share voting and dispositive power over the securities held by DO Holdings (WA), LLC.
F7: Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings (WA), LLC.