Satish Ravella - Jul 3, 2024 Form 4 Insider Report for Zeta Global Holdings Corp. (ZETA)

Role
Senior Vice President, Finance
Signature
/s/ Steven Vine, Attorney-In-Fact
Stock symbol
ZETA
Transactions as of
Jul 3, 2024
Transactions value $
-$37,480
Form type
4
Date filed
7/3/2024, 04:00 PM
Previous filing
Apr 5, 2024
Next filing
Aug 9, 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 +14.3K +6.33% $0.00 241K Jul 3, 2024 Direct F1
transaction ZETA Class A Common Stock Tax liability -$37.5K -2.15K -0.9% $17.40 238K Jul 3, 2024 Direct F2

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 -14.3K -57.28% $0.00 10.7K Jul 3, 2024 Class A Common Stock 14.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 21, 2023, the reporting person was granted an award of performance-based restricted stock units (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 July 3, 2024, the Issuer determined that the performance conditions were partially met with respect to the PSUs, resulting in these securities being earned, which securities vest in three equal annual installments beginning on July 3, 2024.
F2 Withholding of shares in satisfaction of taxes due upon the vesting of PSUs under the Issuer's Incentive Award Plan.
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 2027. 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 unearned PSUs will expire on January 1 of the fifth year following the grant date.