Kirk Norman Brown - Aug 11, 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 11, 2021
Transactions value $: -$126,482,046
Form type: 4
Date filed: 8/13/2021, 08:12 PM
Previous filing: Aug 10, 2021
Next filing: Nov 2, 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		+2.04M			2.04M	Aug 11, 2021	See Footnote	F1, F2, F3
transaction	ZI	Class A Common Stock	Sale	-$126M	-2.04M	-100%	$62.00	0	Aug 11, 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	-2.04M	-9.21%	$0.00	20.1M	Aug 11, 2021	Class A Common Stock	2.04M		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 (WA), LLC ("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 11, 2021.
F5	Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings following the sales reported in this Form 4.