| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | Z AND ZG | Class C Capital Stock | Award | $0 | +7K | +4.21% | $0.00 | 173K | Mar 26, 2024 | Direct | F1 |
| transaction | Z AND ZG | Class C Capital Stock | Sale | -$209K | -4.22K | -2.44% | $49.60 | 169K | Mar 26, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents shares acquired under a restricted unit award that vested March 26, 2024 for that number of shares equal to $345,000 divided by the closing price of the Class C capital stock on March 25, 2024. |
| F2 | Represents shares sold to cover tax withholding due upon vesting pursuant to a 10b5-1 trading plan adopted by the reporting person on November 20, 2015. |
| F3 | The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $49.59 to $49.6301. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range. |