DO Holdings (WA), LLC - May 6, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role
10%+ Owner
Signature
/s/ Kirk Brown, as Executive Vice President
Stock symbol
ZI
Transactions as of
May 6, 2021
Transactions value $
-$10,896,391
Form type
4
Date filed
5/10/2021, 06:19 PM
Previous filing
May 7, 2021
Next filing
Jun 3, 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 +240K 240K May 6, 2021 Direct F1, F2
transaction ZI Class A Common Stock Sale -$6.86M -152K -63.24% $45.16 88.2K May 6, 2021 Direct F1, F3
transaction ZI Class A Common Stock Sale -$4.04M -88.2K -100% $45.79 0 May 6, 2021 Direct F1, 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 ZI LLC Units of ZoomInfo Holdings LLC Conversion of derivative security $0 -240K -0.42% $0.00 57.2M May 6, 2021 Class A Common Stock 240K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by DO Holdings (WA), LLC ("DO Holdings") on December 15, 2020. DO Holdings is owned by Henry Schuck and Kirk Brown. The transactions reported in this Form 4 were for the benefit of Kirk Brown.
F2 Pursuant to the terms of the limited liability company agreement for ZoomInfo Holdings LLC ("OpCo"), limited liability company units of OpCo ("OpCo Units") and an equal number of shares of the Issuer's Class B common stock ("Class B Common Stock"), together are exchangeable for shares of Issuer's Class A common stock on a one-for-one basis at the discretion of the Reporting Person, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications. These exchange rights do not expire. Shares of Class B Common Stock have no economic value and have 10 votes per share. The Reporting Person effected an exchange of 240,050 OpCo Units and an equal number of shares of Class B Common Stock on May 6, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $44.53 to $45.52, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $45.53 to $46.43, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.