Form 4: ZoomInfo Technologies Inc. Executive Ali Dasdan Reports Acquisition of Restricted Stock Units

Ali Dasdan, Chief Technology Officer of ZoomInfo Technologies Inc., reports the acquisition of 176,471 restricted stock units.

Summary

• On May 29, 2024, Ali Dasdan, the Chief Technology Officer of ZoomInfo Technologies Inc., acquired 176,471 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of ZoomInfo's Common Stock each.
• 25% of the restricted stock units will vest on April 1, 2025.
• The remaining 75% of the award will vest in equal quarterly installments over the 36 months following April 1, 2025.
• Following the transaction, Dasdan directly owns 176,471 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of stock options is a common practice and aligns the executive's interests with the company's performance.

Positives

• The acquisition of restricted stock units by a key executive like the CTO can be seen as a positive sign, aligning their interests with the company's long-term success.

Future Outlook

The vesting schedule indicates a multi-year commitment from the executive, aligning their interests with the company's performance over that period.

Industry Context

Executive compensation packages often include restricted stock units to incentivize long-term performance and align executive interests with shareholder value. This is a common practice in the technology industry.

Stakeholder Impact

• The vesting schedule incentivizes the executive to contribute to the company's long-term success, potentially benefiting shareholders.

Key Dates