DO Holdings (WA), LLC - Oct 1, 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: Oct 1, 2021
Transactions value $: -$30,076,488
Form type: 4
Date filed: 10/5/2021, 06:54 PM
Previous filing: Sep 8, 2021
Next filing: Oct 29, 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		+494K	+1.87%		26.9M	Oct 1, 2021	Direct	F1, F2
transaction	ZI	Class A Common Stock	Sale	-$4.94M	-82.7K	-0.31%	$59.76	26.8M	Oct 1, 2021	Direct	F1, F3
transaction	ZI	Class A Common Stock	Sale	-$16.7M	-274K	-1.02%	$60.93	26.5M	Oct 1, 2021	Direct	F1, F4
transaction	ZI	Class A Common Stock	Sale	-$8.44M	-137K	-0.52%	$61.46	26.4M	Oct 1, 2021	Direct	F1, 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	-494K	-2.81%	$0.00	17.1M	Oct 1, 2021	Class A Common Stock	494K		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 494,000 OpCo Units and an equal number of shares of Class B Common Stock on October 1, 2021.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $59.23 to $60.22, 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 $60.23 to $61.22, 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 $61.23 to $61.72, 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.