Schuck Henry - 06 Aug 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Anthony Stark, as Attorney-in-Fact
Issuer symbol: ZI
Transactions as of: 06 Aug 2021
Net transactions value: -$179,943,485
Form type: 4
Filing time: 10 Aug 2021, 20:37:28 UTC
Previous filing: 06 Aug 2021
Next filing: 13 Aug 2021
SEC: View on sec.gov

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		+3,286,639			3,286,639	06 Aug 2021	See Footnote	F1, F2
transaction	ZI	Class A Common Stock	Sale	$179,943,485	-3,286,639	-100%	$54.75	0	06 Aug 2021	See Footnote	F2, F3

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	-3,286,639	-11%	$0.000000	27,623,402	06 Aug 2021	Class A Common Stock	3,286,639		See Footnote	F1, F2, F4

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

Explanation of Responses:

Id	Content
F1	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 (WA), LLC, 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.
F2	Reflects securities held directly by DO Holdings (WA), LLC. DO Holdings (WA), LLC is owned by Henry Schuck and Kirk Brown. The Reporting Person may be deemed to share voting and dispositive power over the securities held by DO Holdings (WA), LLC.
F3	These sales were effected pursuant to an underwritten secondary offering that closed on August 6, 2021.
F4	Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings (WA), LLC.