Filing Details

Accession Number:
0001794515-20-000048
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-10 17:47:35
Reporting Period:
2020-12-08
Accepted Time:
2020-12-10 17:47:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1794515 Zoominfo Technologies Inc. ZI Services-Prepackaged Software (7372) 843721253
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1813609 Nir Keren C/O Zoominfo Technologies Inc.,
805 Broadway Street, Suite 900
Vancouver WA 98660
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-12-08 330,000 $6.56 330,000 No 4 M Direct
Class A Common Stock Disposition 2020-12-08 49,426 $43.80 280,574 No 4 F Direct
Class A Common Stock Disposition 2020-12-08 188,309 $42.02 92,265 No 4 S Direct
Class A Common Stock Disposition 2020-12-08 59,334 $43.01 32,931 No 4 S Direct
Class A Common Stock Disposition 2020-12-08 32,931 $43.83 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class P Units of ZoomInfo Holdings LLC Disposition 2020-12-08 330,000 $0.00 330,000 $6.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,248,166 No 4 M Direct
Footnotes
  1. Reflects Class P limited liability company units of ZoomInfo Holdings LLC ("Class P Units") 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 Class A common stock ("Class A Common Stock") of ZoomInfo Technologies Inc. (the "Issuer") 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. The number reflected in Table II reflects the number of Class P Units held by the Reporting Person.
  2. Reflects shares deemed to be withheld in connection with the exchange of Class P Units described herein.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $41.56 to $42.54, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $42.56 to $43.55, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $43.57 to $44.26, 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.
  7. These Class P Units are fully vested.