Filing Details
- Accession Number:
- 0001794515-21-000265
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-09-03 20:48:16
- Reporting Period:
- 2021-09-01
- Accepted Time:
- 2021-09-03 20:48:16
- 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 |
|---|---|---|---|---|---|---|---|
| 1813655 | Christopher Joseph Hays | C/O Zoominfo Technologies Inc., 805 Broadway Street, Suite 900 Vancouver WA 98660 | Chief Operating 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 | 2021-09-01 | 1,702 | $0.00 | 8,808 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2021-09-01 | 469 | $0.00 | 9,277 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-09-01 | 1,702 | $58.64 | 7,575 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-09-01 | 185 | $65.19 | 7,390 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | LLC Units of HSKB Funds, LLC | Disposition | 2021-09-01 | 5,314 | $0.00 | 5,314 | $0.00 |
| Class A Common Stock | LLC Units of ZoomInfo Holdings LLC | Acquisiton | 2021-09-01 | 5,314 | $0.00 | 5,314 | $0.00 |
| Class A Common Stock | LLC Units of ZoomInfo Holdings LLC | Disposition | 2021-09-01 | 1,702 | $0.00 | 1,702 | $0.00 |
| Class A Common Stock | HSKB Phantom Units | Disposition | 2021-09-01 | 469 | $0.00 | 469 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 63,784 | No | 4 | M | Direct | ||
| 109,382 | No | 4 | M | Direct | ||
| 107,680 | No | 4 | M | Direct | ||
| 10,313 | No | 4 | M | Direct |
Footnotes
- On September 1, 2021, upon vesting, limited liability company units of HSKB Funds, LLC ("HSKB Units") settled into limited liability company units ("OpCo Units") of ZoomInfo Holdings LLC ("OpCo") together with an equal number of shares of Class B common stock ("Class B Common Stock") of ZoomInfo Technologies Inc. ("ZoomInfo"). A portion of these OpCo Units and shares of Class B Common Stock were exchanged for shares of ZoomInfo's Class A common stock ("Class A Common Stock") as described herein.
- Reflects phantom units of HSKB Funds II, LLC ("HSKB Phantom Units") that upon vesting settled into shares of Class A Common Stock on a one-for-one basis.
- Reflects shares sold to cover the Reporting Person's tax liability in connection with the vesting of the HSKB Units reported herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $58.33 to $59.01, 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.
- Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting of the HSKB Phantom Units reported herein.
- Each of these HSKB Units represents the economic value of one OpCo Unit. Upon vesting, each HSKB Unit settles into an OpCo Unit and a share of Class B Common Stock, which together may be exchanged for shares of Class A Common Stock on a one-for-one basis, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications. Shares of Class B common stock have no economic value and have 10 votes per shares.
- Reflects an original amount of 255,124 HSKB Units of which 101,297 vested on December 5, 2020, 42,208 vested on December 14, 2020 and the remaining unvested portion vests in twenty-one equal monthly installments beginning on January 1, 2021, subject to accelerated vesting upon certain change in control events and other vesting conditions.
- Pursuant to the terms of the limited liability company agreement for OpCo, OpCo Units and an equal number of shares of Class B Common Stock, together are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications. These exchange rights do not expire. Shares of Class B Common Stock have no economic value and have 10 votes per share.
- These HSKB Phantom Units, upon vesting, settle into shares of Class A Common Stock.
- Reflects an original amount of 22,500 HSKB Phantom Units of which 50% vested on July 1, 2021 and with the remaining HSKB Phantom Units vesting in equal monthly installments over the two year period following July 1, 2021, in each case, subject to a continued service relationship through such vesting dates, subject to potential accelerated vesting upon certain change in control events and other vesting conditions.
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