Peter Cameron Hyzer - 03 Sep 2021 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Signature
/s/ Anthony Stark, as Attorney-in-Fact
Issuer symbol
ZI
Transactions as of
03 Sep 2021
Net transactions value
-$35.2
Form type
4
Filing time
08 Sep 2021, 19:08:04 UTC
Previous filing
11 Aug 2021
Next filing
17 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZI Class A Common Stock Options Exercise $5,607,392 +1,401,848 $4.00* 1,401,848 03 Sep 2021 Direct F1
transaction ZI Class A Common Stock Tax liability $5,607,427 -85,440 -6.1% $65.63 1,316,408 03 Sep 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 -1,401,848 -90% $0.000000 161,670 03 Sep 2021 Class A Common Stock 1,401,848 $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.