Kirk Norman Brown - Jul 2, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role
10%+ Owner
Signature
/s/ Kirk Norman Brown
Stock symbol
ZI
Transactions as of
Jul 2, 2021
Transactions value $
-$5,635,966
Form type
4
Date filed
7/7/2021, 06:09 PM
Previous filing
Jul 6, 2021
Next filing
Jul 8, 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 +109K 109K Jul 2, 2021 See Footnote F1, F2, F3
transaction ZI Class A Common Stock Sale -$5.58M -108K -98.94% $51.73 1.15K Jul 2, 2021 See Footnote F1, F2, F4
transaction ZI Class A Common Stock Sale -$60.2K -1.15K -100% $52.15 0 Jul 2, 2021 See Footnote F1, F2, F5

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 -109K -0.43% $0.00 25.4M Jul 2, 2021 Class A Common Stock 109K See Footnote F3, F6
* 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 the Reporting Person and Henry Schuck. The transactions reported in this Form 4 were for the benefit of the Reporting Person.
F2 Reflects securities held directly by DO Holdings.
F3 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 DO Holdings, 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. DO Holdings effected an exchange of 108,939 OpCo Units and an equal number of shares of Class B Common Stock on July 2, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.10 to $52.09, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.15 to $52.20, 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.
F6 Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings following the sales reported in this Form 4.