Joseph Christopher Hays - Aug 12, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Signature
/s/ Anthony Stark, as Attorney-in-Fact
Stock symbol
ZI
Transactions as of
Aug 12, 2021
Transactions value $
-$871,791
Form type
4
Date filed
8/16/2021, 04:39 PM
Previous filing
Aug 6, 2021
Next filing
Sep 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZI Class A Common Stock Options Exercise $60K +15K +211.09% $4.00* 22.1K Aug 12, 2021 Direct F1, F2
transaction ZI Class A Common Stock Tax liability -$60K -976 -4.42% $61.49 21.1K Aug 12, 2021 Direct F2, F3
transaction ZI Class A Common Stock Sale -$138K -2.25K -10.65% $61.36 18.9K Aug 12, 2021 Direct F2, F4
transaction ZI Class A Common Stock Sale -$734K -11.8K -62.36% $62.32 7.11K Aug 12, 2021 Direct F2, 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 Class P Units of ZoomInfo Holdings LLC Options Exercise $0 -15K -7.12% $0.00 196K Aug 12, 2021 Class A Common Stock 15K $4.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects Class P limited liability company units of ZoomInfo Holdings LLC ("Class P Units") which are profits interests that are economically similar to a stock settled stock option. Vested Class P units are exchangeable, at the holder's election, into a number of shares of Class A common stock ("Class A Common Stock") of ZoomInfo Technologies Inc. (the "Issuer") equal in value to the "spread value" represented by the excess of the value of shares of Class A Common Stock at the time of exchange above the "distribution threshold" associated with the Class P Units, multiplied by the number of Class P Units being exchanged. The number reflected in Table II reflects the number of Class P Units held by the Reporting Person. Reflects an original amount of 350,704 Class P Units, of which 50% vested on July 1, 2020, and the remaining 50% vest in equal monthly installments during the 24 months following July 1, 2020.
F2 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 Reflects shares deemed to be withheld in connection with the exchange of Class P Units described herein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $60.93 to $61.77, 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 $61.93 to $62.73, 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.