4//SEC Filing
Gerber Steven H. 4
Accession 0000950170-24-081500
CIK 0001851003other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:06 PM ET
Size
15.2 KB
Accession
0000950170-24-081500
Insider Transaction Report
Form 4
Gerber Steven H.
President
Transactions
- Exercise/Conversion
Class A Common Stock
2024-07-03+449,795→ 2,071,052 total(indirect: By Trust) - Tax Payment
Class A Common Stock
2024-07-03$17.40/sh−69,479$1,208,935→ 2,001,573 total(indirect: By Trust) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-07-03−137,800→ 0 total(indirect: By Trust)→ Class A Common Stock (137,800 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-07-03−174,900→ 155,100 total(indirect: By Trust)→ Class A Common Stock (174,900 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-07-03−94,524→ 70,476 total(indirect: By Trust)→ Class A Common Stock (94,524 underlying)
Footnotes (4)
- [F1]On each of August 18, 2021, February 23, 2022 and April 21, 2023, the reporting person was granted an award of performance-based restricted stock units (respectively, the "2021 PSUs," the "2022 PSUs" and the "2023 PSUs", and collectively, the "PSUs"), which are earned in the form of restricted stock units based on the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. On July 3, 2024, the Issuer determined that the performance conditions exceeded the target level with respect to the 2021 PSUs and were partially met with respect to the 2022 PSUs and 2023 PSUs, resulting in these securities being earned, which securities vest in three equal annual installments beginning on July 3, 2024.
- [F2]Securities held by Evergreen Revocable Trust, for which Mr. Gerber serves as trustee and beneficiary.
- [F3]Withholding of shares in satisfaction of taxes due upon the vesting of PSUs under the Issuer's Incentive Award Plan.
- [F4]Additional PSUs may be earned based upon the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter ending with, and including, the fourth fiscal quarter of (i) 2025, with respect to the 2021 PSUs, (ii) 2026, with respect to the 2022 PSUs, and (iii) 2027, with respect to the 2023 PSUs. To the extent earned, the PSUs vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first and second anniversaries of such determination date, subject to the reporting person's continued service with the Company through each applicable vesting date. Any unearned PSUs will expire on January 1 of the fifth year following the grant date.
Documents
Issuer
Zeta Global Holdings Corp.
CIK 0001851003
Entity typeother
Related Parties
1- filerCIK 0001861751
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:06 PM ET
- Size
- 15.2 KB