4//SEC Filing
Gerber Steven H. 4
Accession 0001127602-24-012599
CIK 0001851003other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 5:04 PM ET
Size
18.3 KB
Accession
0001127602-24-012599
Insider Transaction Report
Form 4
Gerber Steven H.
President
Transactions
- Other
Performance-based restricted Stock units
2024-04-03−615,000→ 0 total→ Class A Common Stock (615,000 underlying) - Exercise/Conversion
Performance-based restricted Stock units
2024-04-05−5,200→ 137,800 total(indirect: By Trust)→ Class A Common Stock (5,200 underlying) - Award
Performance-based restricted Stock units
2024-04-03+615,000→ 615,000 total→ Class A Common Stock (615,000 underlying) - Other
Performance-based restricted Stock units
2024-04-03+615,000→ 615,000 total(indirect: By Trust)→ Class A Common Stock (615,000 underlying) - Exercise/Conversion
Class A Common Stock
2024-04-05+5,200→ 2,188,981 total(indirect: By Trust) - Tax Payment
Class A Common Stock
2024-04-05$12.23/sh−804$9,833→ 2,188,177 total(indirect: By Trust)
Footnotes (9)
- [F1]On August 18, 2021, the reporting person was granted an award of performance-based restricted stock units ("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. On April 5, 2024, the Issuer determined that the performance conditions had been partially met, resulting in these securities being earned, which securities vest in three equal annual installments beginning on April 5, 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 Registrant's Incentive Award Plan.
- [F4]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F5]The remaining PSUs will be earned in the form of restricted stock 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 2025. To the extent earned, the restricted stock will vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of shares of restricted stock that are eligible to be earned 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 portion of the PSUs are expected to expire on January 1, 2026.
- [F6]Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F7]The PSUs will be earned in the form of restricted stock units 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 beginning with the fourth fiscal quarter of 2024 and ending with, and including, the fourth fiscal quarter of 2028. To the extent earned, 33.33% of the restricted stock units will vest on the date the Company determines the number of restricted stock units that are eligible to be earned for such quarter, and the remaining restricted stock units will vest in equal installments every three months thereafter, subject to the reporting person's continued service with the Company through each applicable vesting date. Any unearned portion of the PSUs are expected to expire on January 1, 2029.
- [F8]Represents a transfer for no consideration by Mr. Gerber to Evergreen Revocable Trust.
- [F9]Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Documents
Issuer
Zeta Global Holdings Corp.
CIK 0001851003
Entity typeother
Related Parties
1- filerCIK 0001861751
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 5:04 PM ET
- Size
- 18.3 KB