Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZI | Restricted Stock Units | Award | $0 | +294K | $0.00 | 294K | May 29, 2024 | Common Stock | 294K | Direct | F1, F2 | ||
transaction | ZI | Performance Restricted Stock Units | Award | $0 | +147K | $0.00 | 147K | May 29, 2024 | Common Stock | 147K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
F2 | The Reporting Person received an original grant of 294,118 restricted stock units, which will vest in equal quarterly installments during the 24 months following April 1, 2024. |
F3 | Each performance restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
F4 | The Reporting Person received an original grant of 147,059 performance restricted stock units, which vests in equal amounts upon the achievement of four targets relating to the Issuer's stock price and the continued service of the Reporting Person through each applicable vesting date, as follows: (a) 25% will vest upon the achievement of the first stock price target so long as the Reporting Person has remained in continuous service through January 1, 2025; (b) 25% will vest upon the achievement of the second stock price target so long as the Reporting Person has remained in continuous service through October 1, 2025; (c) 25% will vest upon the achievement of the third stock price target so long as the Reporting Person has remained in continuous service through July 1, 2026; and (d) the remaining 25% will vest upon the achievement of the fourth stock price target so long as the Reporting Person has remained in continuous service through April 1, 2027. |