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

Role
Chief Operating 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 +10K +829.33% $0.00 11.2K 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 +2.68K $0.00 2.68K Oct 7, 2021 Common Stock 2.68K $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.