Ziff Davis, Inc. - Oct 7, 2021 Form 4 Insider Report for Consensus Cloud Solutions, Inc. (CCSI)

Role
10%+ Owner
Signature
Ziff Davis, Inc. /s/ Jeremy Rossen, Executive Vice President, General Counsel
Stock symbol
CCSI
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
4
Date filed
10/12/2021, 05:42 PM
Previous filing
Sep 23, 2021
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCSI Common Stock Other $0 -15.9M -80.1% $0.00 3.96M Oct 7, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Separation and Distribution Agreement, dated as of October 7, 2021, Ziff Davis, Inc., formerly known as J2 Global, Inc. ("Ziff Davis"), distributed to the holders of its common stock by means of a pro-rata distribution without consideration an aggregate of 15,941,942 shares of common stock of Consensus Cloud Solutions, Inc. (the "Separation").
F2 In connection with the Separation, the 100 shares of common stock of Consensus Cloud Solutions, Inc. held by Ziff Davis were reclassified into 19,902,549 shares of common stock of Consensus Cloud Solutions, Inc.