Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | ZD | Common Stock, $0.01 par value | 218K | Mar 6, 2024 | Direct | F1, F2 | |||||
holding | ZD | Common Stock, $0.01 par value | 110K | Mar 6, 2024 | See footnote | F3 | |||||
holding | ZD | Common Stock, $0.01 par value | 240K | Mar 6, 2024 | See footnote | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ZD | Option to Purchase Common Stock | 435K | Mar 6, 2024 | Common Stock $0.01 Par Value | 435K | $68.97 | Direct | F5, F6 | |||||
holding | ZD | Restricted Stock Unit | 71K | Mar 6, 2024 | Common Stock $0.01 Par Value | 71K | Direct | F7, F8 |
Id | Content |
---|---|
F1 | In connection with the spin-off of Consensus Cloud Solutions, Inc. by the Issuer on October 7, 2021 (the "Spin-off"), outstanding Restricted Stock Awards ("RSAs") and Performance Stock Awards ("PSAs"), including RSAs and PSAs previously granted to the Reporting Person, were subject to anti-dilution adjustments ("Anti-Dilution Adjustment"). The total number of shares reported include the additional 10,985 RSAs and 13,181 PSAs held by the Reporting Person as a result of the Anti-Dilution Adjustment. |
F2 | The number of shares directly owned by the Reporting Person has been adjusted to reflect a reconciliation to the Reporting Person's account records. |
F3 | Reflects shares held by the Vivek R Shah Irrevocable Family Trust, of which the Reporting Person's spouse is the trustee and the Reporting Person's spouse and children are the beneficiaries. |
F4 | Reflects shares transferred by the Reporting Person to the Vivek R Shah Revocable Trust, of which the Reporting Person is the beneficiary and trustee, in multiple transfers. |
F5 | In connection with the Spin-off, the outstanding stock options previously granted to the Reporting Person were subject to the Anti-Dilution Adjustment. As a result of the Anti-Dilution Adjustment, the total number of stock options were adjusted to include the additional 35,135 stock options held by the reporting person and the exercise price was adjusted from $75.03 to $68.97. |
F6 | These stock options vest in eight (8) equal annual installments commencing on January 1, 2019. |
F7 | Restricted stock units convert into common stock on a one-for-one basis. |
F8 | On March 6, 2024, the reporting person was granted 71,023 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. There are no expiration dates on RSUs. |