Jeffrey Alan Sullivan - Oct 7, 2021 Form 4/A - Amendment Insider Report for Consensus Cloud Solutions, Inc. (CCSI)

Role: Chief Technology Officer
Signature: /s/ Vithya Aubee, Attorney-in-Fact
Stock symbol: CCSI
Transactions as of: Oct 7, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 12/21/2021, 04:40 PM
Date Of Original Report: Oct 12, 2021
Next filing: Dec 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCSI	Common Stock	Award	$0	+5.11K	+902.83%	$0.00	5.68K	Dec 7, 2021	Direct	F1

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	CCSI	Performance Stock Units	Award	$0	+1.47K		$0.00	1.47K	Oct 7, 2021	Common Stock	1.47K	$0.00	Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This amendment is being filed to amend the disclosure in Table I, Line 2, Columns 4 and 5 in the Form 4 previously filed on October 12, 2021 by the reporting person in order to disclose the amount of shares subject to certain restricted stock units and/or restricted stock awards (RSUs and/or RSAs) received in connection with the separation of Consensus Cloud Solutions, Inc. ("Consensus") from Ziff Davis, Inc., formerly known as J2 Global, Inc. ("J2 Global"). In connection with the separation, each outstanding J2 Global restricted stock unit award and restricted stock unit or award denominated in shares of Consensus common stock pursuant to the terms of an employee matters agreement between J2 Global and Consensus. When the Form 4 was initially filed on October 12, 2021, the number of underlying shares subject to such awards was not calculable.
F2	This amendment is also being filed to report in Table II the number of performance stock units and performance stock awards received in connection with the separation of Consensus from J2 Global. In connection with the separation, each outstanding J2 Global restricted (performance) stock award (PSUs and/or PSAs) was converted into a restricted (performance) stock award denominated in shares of Consensus common stock pursuant to the terms of an employee matters agreement between J2 Global and Consensus. When the Form 4 was initially filed on October 12, 2021, the number of underlying Consensus shares subject to such awards was not calculable.
F3	Shares become eligible to vest based on the closing market value of the stock reaching a certain value over a certain period of time, as set by the Compensation Committee.
F4	Shares will expire 8 years following the original grant date of March 3, 2021.