R. Scott Turicchi - Mar 3, 2022 Form 4 Insider Report for Consensus Cloud Solutions, Inc. (CCSI)

Role
CEO and Interim CFO, Director
Signature
/s/ Vithya Aubee, Attorney-in-Fact
Stock symbol
CCSI
Transactions as of
Mar 3, 2022
Transactions value $
-$733,504
Form type
4
Date filed
3/7/2022, 04:15 PM
Previous filing
Dec 17, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCSI Common Stock Tax liability -$153K -2.56K -1.42% $59.73 178K Mar 3, 2022 Direct F1
transaction CCSI Common Stock Options Exercise $0 +14.6K +8.23% $0.00 192K Mar 3, 2022 Direct
transaction CCSI Common Stock Tax liability -$366K -6.13K -3.19% $59.73 186K Mar 3, 2022 Direct F2
transaction CCSI Common Stock Tax liability -$215K -3.61K -1.35% $59.52 263K Mar 6, 2022 Direct F1, F3
holding CCSI Common Stock 5.76K Mar 3, 2022 Turicchi Family Foundation F4

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 Options Exercise $0 -14.6K -50% $0.00 14.6K Mar 3, 2022 Common Stock 14.6K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit under the Issuer's 2021 Stock Plan.
F2 Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit under the Issuer's 2021 Stock Plan.
F3 The Reporting Person has reported prior awards of restricted stock units in Table II of Form 4. This total reported in Column 5 includes 80,000 unvested restricted stock units granted 12/15/2021 to reflect in Table I.
F4 The indicated shares are held by the Turicchi Family Foundation, the reporting person is a trustee of the Turicchi Family Foundation and holds voting and dispositive power over the shares held by it.
F5 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.
F6 Shares will expire 8 years following the original grant date of March 3, 2021.