Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZETA | Class A Common Stock | Options Exercise | $0 | +1.53M | +82.73% | $0.00 | 3.38M | Oct 9, 2024 | By ACI Investment Partners, LLC | F1, F2 |
holding | ZETA | Class A Common Stock | 79.2K | Oct 9, 2024 | By Spouse | ||||||
holding | ZETA | Class A Common Stock | 11.6K | Oct 9, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZETA | Performance-Based Restricted Stock Units | Options Exercise | $0 | 0 | $0.00 | 0 | Oct 9, 2024 | Class A Common Stock | By ACI Investment Partners, LLC | F1, F2 | |||
transaction | ZETA | Performance-Based Restricted Stock Units | Options Exercise | $0 | -212K | -100% | $0.00 | 0 | Oct 9, 2024 | Class A Common Stock | 212K | By ACI Investment Partners, LLC | F1, F2, F3 | |
transaction | ZETA | Performance-Based Restricted Stock Units | Options Exercise | $0 | -105K | -100% | $0.00 | 0 | Oct 9, 2024 | Class A Common Stock | 105K | By ACI Investment Partners, LLC | F1, F2, F3 |
Id | Content |
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F1 | On each of August 18, 2021, February 23, 2022 and April 21, 2023, the reporting person was granted an award of performance-based restricted stock units (respectively, the "2021 PSUs," the "2022 PSUs" and the "2023 PSUs", and collectively, the "PSUs"), which are earned in the form of restricted stock units based on the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. On October 9, 2024, the Issuer determined that the performance conditions were met at the maximum level with respect to the 2021 PSUs and exceeded the target level with respect to the 2022 PSUs and 2023 PSUs, resulting in these securities being earned, which securities vest in three equal annual installments beginning on October 9, 2024. As a result of the foregoing, no additional 2021 PSUs may be earned. |
F2 | Securities held directly by ACI Investment Partners, LLC ("ACI"). Mr. Steinberg is the managing member of ACI. Mr. Steinberg disclaims beneficial ownership of the shares held directly by ACI except to the extent of his pecuniary interest therein, if any. |
F3 | Additional PSUs may be earned based upon the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter ending with, and including, the fourth fiscal quarter of (i) 2026, with respect to the 2022 PSUs, and (ii) 2027, with respect to the 2023 PSUs. To the extent earned, the PSUs vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first and second anniversaries of such determination date, subject to the reporting person's continued service with the Company through each applicable vesting date. Any unearnd PSUs will expire on January 1 of the fifth year following the grant date. |