SEC Form 4
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
ZoomInfo Technologies Inc. [ ZI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 05/29/2024 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 10,288,001 | D | ||||||||
Common Stock | 237,376(1) | I | By Trust | |||||||
Common Stock | 5,803,333 | I | See Footnote(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | 05/29/2024 | A | 220,589 | (4) | (4) | Common Stock | 220,589 | $0 | 220,589 | D | ||||
Performance Restricted Stock Units | (5) | 05/29/2024 | A | 294,118 | (6) | (6) | Common Stock | 294,118 | $0 | 294,118 | D |
Explanation of Responses: |
1. This total corrects the total number of shares beneficially owned, which was incorrectly reported in the Reporting Person's Form 4 reports previously filed on February 8, 2023 and June 16, 2023. |
2. Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings (WA), LLC. |
3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
4. The Reporting Person received an original grant of 220,589 restricted stock units, which vests as follows: (a) 25% will vest on April 1, 2025; and (b) the remainder of the award will vest in equal quarterly installments during the 36 months following April 1, 2025. |
5. Each performance restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
6. The Reporting Person received an original grant of 294,118 performance restricted stock units, which vests in equal amounts upon the achievement of four targets relating to the Issuer's stock price and the continued service of the Reporting Person through each applicable vesting date, as follows: (a) 25% will vest upon the achievement of the first stock price target so long as the Reporting Person has remained in continuous service through January 1, 2025; (b) 25% will vest upon the achievement of the second stock price target so long as the Reporting Person has remained in continuous service through October 1, 2025; (c) 25% will vest upon the achievement of the third stock price target so long as the Reporting Person has remained in continuous service through July 1, 2026; and (d) the remaining 25% will vest upon the achievement of the fourth stock price target so long as the Reporting Person has remained in continuous service through April 1, 2027. |
Remarks: |
/s/ Ashley McGrane, as Attorney-in-Fact | 05/31/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |