ZoomInfo Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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Jun 30, 2024 · Filed Aug 6, 2024
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Item 5. Other Information
On June 7, 2024, Ali Dasdan, the Chief Technology Officer of the Company, adopted a Rule 10b5-1 trading arrangement. The duration of the trading arrangement begins on September 6, 2024, and ends on June 15, 2025. The Rule 10b5-1 trading arrangement provides for the sale of a portion of the net shares acquired by Mr. Dasdan (net of shares withheld to cover the recipient’s tax liability in connection with vesting) resulting from the vesting (if applicable) of up to 214,797 previously granted restricted stock units, including 203,033 time-based restricted stock units and 11,764 performance-based restricted stock units. The volume of sales will be determined, in part, based on pricing triggers outlined in the trading arrangement, with a maximum potential sale under the plan of up to 75% of the vested shares from such awards during the term of the plan. Mr. Dasdan's trading arrangement was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and the Company’s policies regarding insider transactions.
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