Ali Dasdan - Mar 1, 2024 Form 4 Insider Report for ZoomInfo Technologies Inc. (ZI)

Role
Chief Technology Officer
Signature
/s/ Anthony Stark, as Attorney-in-Fact
Stock symbol
ZI
Transactions as of
Mar 1, 2024
Transactions value $
-$346,160
Form type
4
Date filed
3/5/2024, 04:45 PM
Previous filing
Dec 5, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZI Common Stock Options Exercise +39.7K +77.97% 90.7K Mar 1, 2024 Direct F1
transaction ZI Common Stock Tax liability -$241K -14.4K -15.87% $16.76 76.3K Mar 1, 2024 Direct F2
transaction ZI Common Stock Sale -$105K -6.33K -8.3% $16.56 70K Mar 4, 2024 Direct F3, F4

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 Restricted Stock Units Options Exercise $0 -39.7K -11.11% $0.00 318K Mar 1, 2024 Common Stock 39.7K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2 Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting of the restricted stock units reported herein.
F3 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.36 to $16.73, 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.
F5 The Reporting Person received an original grant of 475,797 restricted stock units, which vests as follows: (a) 16.5% will vest on September 1, 2023; and (b) the remainder of the award will vest in equal quarterly installments during the 30 months following September 1, 2023.