Ta Associates, L.P. - Aug 24, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Signature
TA Associates, L.P., by Jeffrey C. Hadden, its, General Counsel, /s/ Jeffrey C. Hadden
Stock symbol
ZI
Transactions as of
Aug 24, 2021
Transactions value $
-$5,790,993
Form type
4
Date filed
8/26/2021, 04:34 PM
Previous filing
Aug 25, 2021
Next filing
Aug 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZI Class A Common Stock Conversion of derivative security +49.7K 49.7K Aug 24, 2021 See Footnotes F1, F2, F3
transaction ZI Class A Common Stock Conversion of derivative security +1.28K 1.28K Aug 24, 2021 See Footnotes F1, F3, F4
transaction ZI Class A Common Stock Conversion of derivative security +8.58K 8.58K Aug 24, 2021 See Footnotes F1, F3, F5
transaction ZI Class A Common Stock Conversion of derivative security +1.85K 1.85K Aug 24, 2021 See Footnotes F1, F3, F6
transaction ZI Class A Common Stock Conversion of derivative security +62 62 Aug 24, 2021 See Footnotes F1, F3, F7
transaction ZI Class A Common Stock Conversion of derivative security +3.25K 3.25K Aug 24, 2021 See Footnotes F1, F3, F8
transaction ZI Class A Common Stock Conversion of derivative security +2.92K 2.92K Aug 24, 2021 See Footnotes F1, F3, F9
transaction ZI Class A Common Stock Conversion of derivative security +245 245 Aug 24, 2021 See Footnotes F3, F10, F11
transaction ZI Class A Common Stock Conversion of derivative security +13K 13K Aug 24, 2021 See Footnotes F3, F10, F12
transaction ZI Class A Common Stock Conversion of derivative security +11.7K 11.7K Aug 24, 2021 See Footnotes F3, F10, F13
transaction ZI Class A Common Stock Sale -$3.11M -49.7K -100% $62.60 0 Aug 24, 2021 See Footnotes F2, F3, F14, F15
transaction ZI Class A Common Stock Sale -$80.3K -1.28K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F4, F14, F15
transaction ZI Class A Common Stock Sale -$537K -8.58K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F5, F14, F15
transaction ZI Class A Common Stock Sale -$116K -1.85K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F6, F14, F15
transaction ZI Class A Common Stock Sale -$3.88K -62 -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F7, F14, F15
transaction ZI Class A Common Stock Sale -$203K -3.25K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F8, F14, F15
transaction ZI Class A Common Stock Sale -$182K -2.92K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F9, F14, F15
transaction ZI Class A Common Stock Sale -$15.3K -245 -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F11, F14, F15
transaction ZI Class A Common Stock Sale -$813K -13K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F12, F14, F15
transaction ZI Class A Common Stock Sale -$730K -11.7K -100% $62.60 0 Aug 24, 2021 See Footnotes F3, F13, F14, F15

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 ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -49.7K -0.14% $0.00 34.7M Aug 24, 2021 Class A Common Stock 49.7K See Footnotes F2, F3, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -1.28K -0.14% $0.00 895K Aug 24, 2021 Class A Common Stock 1.28K See Footnotes F3, F4, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -8.58K -0.14% $0.00 5.99M Aug 24, 2021 Class A Common Stock 8.58K See Footnotes F3, F5, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -1.85K -0.14% $0.00 1.29M Aug 24, 2021 Class A Common Stock 1.85K See Footnotes F3, F6, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -62 -0.14% $0.00 43.9K Aug 24, 2021 Class A Common Stock 62 See Footnotes F3, F7, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -3.25K -0.14% $0.00 2.33M Aug 24, 2021 Class A Common Stock 3.25K See Footnotes F3, F8, F16
transaction ZI Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -2.92K -0.14% $0.00 2.09M Aug 24, 2021 Class A Common Stock 2.92K See Footnotes F3, F9, F16
transaction ZI Class C Common Stock Conversion of derivative security $0 -245 -0.14% $0.00 171K Aug 24, 2021 Class A Common Stock 245 See Footnotes F3, F11, F17
transaction ZI Class C Common Stock Conversion of derivative security $0 -13K -0.14% $0.00 9.07M Aug 24, 2021 Class A Common Stock 13K See Footnotes F3, F12, F17
transaction ZI Class C Common Stock Conversion of derivative security $0 -11.7K -0.14% $0.00 8.13M Aug 24, 2021 Class A Common Stock 11.7K See Footnotes F3, F13, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Units of ZoomInfo Holdings LLC ("Opco"), which represent limited liability company units of Opco and a corresponding number of shares of Class B Common Stock of the Issuer, were exchanged on a one-for-one basis for shares of Class A Common Stock of the Issuer pursuant to the amended and restated limited liability company agreement of Opco.
F2 Securities are held by TA XI DO AIV, L.P. ("XI DO AIV").
F3 TA Associates, L.P. is the ultimate general partner of each of XI DO, SDF III Feeder, Atlantic & Pacific VII-B, XI DO AIV, SDF III DO, Atlantic & Pacific VII-A, Investors IV, AP VII-B, SDF III DO AIV II and XI DO AIV II (collectively, the "TA Associates Funds"). Investment and voting control of the TA Associates Funds is held by TA Associates, L.P. Todd R. Crockett and Jason S. Mironov are directors of the Issuer and serve as representatives of TA Associates, L.P. and the TA Associates Funds on the Issuer's board of directors. TA Associates, L.P. disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest in such securities, if any.
F4 Securities are held by TA SDF III DO AIV, L.P. ("SDF III DO").
F5 Securities are held by TA Atlantic & Pacific VII-A, L.P. ("Atlantic & Pacific VII-A").
F6 Securities are held by TA Investors IV, L.P. ("Investors IV").
F7 Securities are held by TA SDF III DO AIV II, L.P. ("SDF III DO AIV II").
F8 Securities are held by TA XI DO AIV II, L.P. ("XI DO AIV II").
F9 Securities are held by TA AP VII-B DO Subsidiary Partnership, L.P. ("AP VII-B").
F10 Shares of the Issuer's Class C Common Stock were converted on a one-for-one basis for shares of Class A Common Stock of the Issuer.
F11 Securities are held by TA SDF III DO Feeder, L.P. ("SDF III Feeder").
F12 Securities are held by TA XI DO Feeder, L.P ("XI DO").
F13 Securities are held by TA Atlantic & Pacific VII-B, L.P. ("Atlantic & Pacific VII-B").
F14 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted on December 6, 2020.
F15 Reflects a weighted-average sale price. The shares were sold in multiple transactions at prices ranging from $62.50 to $63.25. The Reporting Persons will provide upon request to the Securities and Exchange Commission, the Company or security holder of the Company, full information regarding the number of shares sold at each separate price.
F16 Units of Opco represent limited liability company units of Opco and a corresponding number of shares of Class B Common Stock of the Issuer, which together are exchangeable at the option of the holder on a one-for-one basis for shares of Class A Common Stock of the Issuer, subject to customary conversion rate adjustments for stock splits, stock dividends, and reclassifications, pursuant to the amended and restated limited liability company agreement of Opco and have no expiration date. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof and (ii) only confer ten-to-one voting rights on the holders thereof.
F17 The Class C Common Stock is convertible at the option of the holder on a one-for-one basis for shares of Class A Common Stock of the Issuer and has no expiration date. Upon any transfer of shares of Class C Common Stock, whether or not for value, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. The shares of Class C Common Stock will convert automatically into Class A Common Stock, on a one-for-one basis, when the aggregate number of outstanding shares of the Company's Class B Common Stock and Class C Common Stock represents less than 5% of the aggregate number of the Company's outstanding shares of Common Stock. The shares of Class C Common Stock have ten votes per share.

Remarks:

Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, Atlantic & Pacific VII-B has filed a separate Form 4.