Christopher E. Greiner - 03 Apr 2024 Form 4 Insider Report for Zeta Global Holdings Corp. (ZETA)

Signature
/s/ Steven Vine, Attorney-in-fact
Issuer symbol
ZETA
Transactions as of
03 Apr 2024
Net transactions value
-$8,341
Form type
4
Filing time
05 Apr 2024, 17:08:28 UTC
Previous filing
24 Nov 2023
Next filing
24 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZETA Class A Common Stock Options Exercise $0 +5,200 +0.32% $0.000000 1,627,026 05 Apr 2024 Direct F1, F2
transaction ZETA Class A Common Stock Tax liability $8,341 -682 -0.04% $12.23 1,626,344 05 Apr 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -5,200 -3.6% $0.000000 137,800 05 Apr 2024 Class A Common Stock 5,200 Direct F1, F4, F5
transaction ZETA Performance-based restricted Stock units Award $0 +537,500 $0.000000 537,500 03 Apr 2024 Class A Common Stock 537,500 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 18, 2021, the reporting person was granted an award of performance-based restricted stock units ("PSUs"), which are earned in the form of restricted stock 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. On April 5, 2024, the Issuer determined that the performance conditions had been partially met, resulting in these securities being earned, which securities vest in three equal annual installments beginning on April 5, 2024.
F2 Share balance includes stock purchased under an Employee Stock Purchase Plan (ESPP) not previously reported.
F3 Withholding of shares in satisfaction of taxes due upon the vesting of PSUs under the Registrant's Incentive Award Plan.
F4 Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5 The remaining PSUs will be earned in the form of restricted stock 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 2025. To the extent earned, the restricted stock will vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of shares of restricted stock that are eligible to be earned 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 unearned portion of the PSUs are expected to expire on January 1, 2026.
F6 The PSUs will be earned in the form of restricted stock units 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 beginning with the fourth fiscal quarter of 2024 and ending with, and including, the fourth fiscal quarter of 2028. To the extent earned, 33.33% of the restricted stock units will vest on the date the Company determines the number of restricted stock units that are eligible to be earned for such quarter, and the remaining restricted stock units will vest in equal installments every three months thereafter, subject to the reporting person's continued service with the Company through each applicable vesting date. Any unearned portion of the PSUs are expected to expire on January 1, 2029.