Kirk Norman Brown - Aug 6, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role: 10%+ Owner
Signature: /s/ Kirk Norman Brown
Stock symbol: ZI
Transactions as of: Aug 6, 2021
Transactions value $: -$144,221,465
Form type: 4
Date filed: 8/10/2021, 08:42 PM
Previous filing: Aug 6, 2021
Next filing: Aug 13, 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		+2.63M			2.63M	Aug 6, 2021	See Footnote	F1, F2, F3
transaction	ZI	Class A Common Stock	Sale	-$144M	-2.63M	-100%	$54.75	0	Aug 6, 2021	See Footnote	F2, 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	-2.63M	-10.63%	$0.00	22.1M	Aug 6, 2021	Class A Common Stock	2.63M		See Footnote	F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F4	These sales were effected pursuant to an underwritten secondary offering that closed on August 6, 2021.
F5	Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings following the sale reported in this Form 4.