Form 4 for GTM ZoomInfo Technologies Inc.
Accepted 2021-07-06 00:00:00 ET · period of report 2021-07-01 · accession 0001415889-21-003522 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-07-06 | 2021-07-01 | GTM | Brown Kirk Norman | 10% | S - Sale | $50.92 | -239.6K | 0 | -100% | -$12.20M |
| DI | 2021-07-06 | 2021-07-01 | GTM | Brown Kirk Norman | 10% | C - Cnv Deriv | — | +239.6K | 239.6K | New | — |
| DI | 2021-07-06 | 2021-07-01 | GTM | Brown Kirk Norman | 10% | C - Cnv Deriv | $0.00 | -239.6K | 25.52M | -0.9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-07-01 | S | D | 126,956 | $50.50 | 112,606 | I See Footnote | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.06 to $51.05, 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. (F2) Reflects securities held directly by DO Holdings. |
| 2 | Common | Class A Common Stock | 2021-07-01 | C | A | 239,562 | — | 239,562 | I See Footnote | — | — | (F3) Pursuant to the terms of the limited liability company agreement for ZoomInfo Holdings LLC ("OpCo"), limited liability company units of OpCo ("OpCo Units") and an equal number of shares of the Issuer's Class B common stock ("Class B Common Stock"), together are exchangeable for shares of Issuer's Class A common stock on a one-for-one basis at the discretion of DO Holdings, 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. DO Holdings effected an exchange of 239,562 OpCo Units and an equal number of shares of Class B Common Stock on July 1, 2021. (F2) Reflects securities held directly by DO Holdings. |
| 3 | Common | Class A Common Stock | 2021-07-01 | S | D | 112,506 | $51.39 | 100 | I See Footnote | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.06 to $52.05, 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. (F2) Reflects securities held directly by DO Holdings. |
| 4 | Common | Class A Common Stock | 2021-07-01 | S | D | 100 | $52.22 | 0 | I See Footnote | — | — | (F2) Reflects securities held directly by DO Holdings. |
| 5 | Derivative | LLC Units of ZoomInfo Holdings LLC | 2021-07-01 | C | D | 239,562 | $0.00 | 25,522,275 | I See Footnote | — · — to — | 239,562 Class A Common Stock | (F6) Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings following the sales reported in this Form 4. (F3) Pursuant to the terms of the limited liability company agreement for ZoomInfo Holdings LLC ("OpCo"), limited liability company units of OpCo ("OpCo Units") and an equal number of shares of the Issuer's Class B common stock ("Class B Common Stock"), together are exchangeable for shares of Issuer's Class A common stock on a one-for-one basis at the discretion of DO Holdings, 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. DO Holdings effected an exchange of 239,562 OpCo Units and an equal number of shares of Class B Common Stock on July 1, 2021. |