Form 4: ZoomInfo Technologies Inc. Director Dhruv Mitesh Reports Transaction
SEC Form 4 Filing
Director Dhruv Mitesh reports a transaction involving restricted stock units converting to common stock at ZoomInfo Technologies Inc.
Summary
- On May 15, 2024, Dhruv Mitesh, a director at ZoomInfo Technologies Inc., executed a transaction involving restricted stock units.
- 8,893 restricted stock units were converted into common stock.
- Following the transaction, Mr. Mitesh directly owns 39,740 shares of common stock.
- The restricted stock units vested on May 15, 2024, the date of ZoomInfo's annual meeting of stockholders.
- Each restricted stock unit represents a contingent right to receive one share of common stock, settled in either common stock or cash at the Issuer's discretion.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: conversion of restricted stock units to common stock and vesting date of restricted stock units, coinciding with ZoomInfo's annual meeting of stockholders. |
| 05/17/2024 | Date of signature on the report. |
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