Kirk Norman Brown - 06 Aug 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role
10%+ Owner
Signature
/s/ Kirk Norman Brown
Issuer symbol
ZI
Transactions as of
06 Aug 2021
Net transactions value
-$144,221,464
Form type
4
Filing time
10 Aug 2021, 20:42:02 UTC
Previous filing
06 Aug 2021
Next filing
13 Aug 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 +2,634,182 2,634,182 06 Aug 2021 See Footnote F1, F2, F3
transaction ZI Class A Common Stock Sale $144,221,464 -2,634,182 -100% $54.75 0 06 Aug 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 -2,634,182 -11% $0.000000 22,139,655 06 Aug 2021 Class A Common Stock 2,634,182 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.