4//SEC Filing
Reid David L 4
Accession 0001794515-20-000021
CIK 0001794515other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 6:41 PM ET
Size
8.8 KB
Accession
0001794515-20-000021
Insider Transaction Report
Form 4
Reid David L
VP of Accounting & Controller
Transactions
- Award
Class P Units of ZoomInfo Holdings LLC
2020-06-03+35,071→ 35,071 totalExercise: $6.56→ Class A Common Stock (35,071 underlying) - Award
Restricted Stock Units
2020-09-01+2,576→ 2,576 total→ Class A Common Stock (2,576 underlying)
Footnotes (4)
- [F1]Reflects Class P limited liability company units ("Class P Units") of ZoomInfo Holdings LLC ("OpCo") 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 the Issuer's Class A common stock ("Class A Common Stock") 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. Of these Class P Units, 50% vest on February 1, 2021, and the remaining 50% vest in equal monthly installments during the 24 months thereafter.
- [F2]These securities were acquired in connection with the reclassification of the interests of ZoomInfo Holdings LLC prior to the Issuer's initial public offering (as more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-236674)).
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]These restricted stock units shall vest as follows: (a) 25% will vest on September 1, 2021; and (b) the remaining 75% will vest in equal quarterly installments during the 36 months following September 1, 2021.
Documents
Issuer
ZoomInfo Technologies Inc.
CIK 0001794515
Entity typeother
Related Parties
1- filerCIK 0001813340
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 6:41 PM ET
- Size
- 8.8 KB