Peter Cameron Hyzer - Sep 3, 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role: Chief Financial Officer
Signature: /s/ Anthony Stark, as Attorney-in-Fact
Stock symbol: ZI
Transactions as of: Sep 3, 2021
Transactions value $: -$35
Form type: 4
Date filed: 9/8/2021, 07:08 PM
Previous filing: Aug 11, 2021
Next filing: Sep 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZI	Class A Common Stock	Options Exercise	$5.61M	+1.4M		$4.00^*	1.4M	Sep 3, 2021	Direct	F1
transaction	ZI	Class A Common Stock	Tax liability	-$5.61M	-85.4K	-6.09%	$65.63	1.32M	Sep 3, 2021	Direct	F2

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	-1.4M	-89.66%	$0.00	162K	Sep 3, 2021	Class A Common Stock	1.4M	$4.00	Direct	F1

* 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. Reflects an original amount of 1,753,518 Class P Units, of which 50% vested on November 12, 2020, and the remaining 50% vest in equal monthly installments during the 24 months thereafter. Unvested units were exchanged for restricted shares of Class A Common Stock with the same vesting schedule.
F2	Reflects shares deemed to be withheld in connection with the exchange of Class P Units described herein.

Content

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. Reflects an original amount of 1,753,518 Class P Units, of which 50% vested on November 12, 2020, and the remaining 50% vest in equal monthly installments during the 24 months thereafter. Unvested units were exchanged for restricted shares of Class A Common Stock with the same vesting schedule.

Reflects shares deemed to be withheld in connection with the exchange of Class P Units described herein.