Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 24, 2022, the Board of Directors (the "Board") of ZoomInfo Technologies
Inc. (the "Company") increased the number of directors constituting the whole
Board from seven to eight and appointed Alison Gleeson to the Board, in each
case, effective July 1, 2022. Ms. Gleeson will serve as a Class II director with
a term expiring at the Company's Annual Meeting of Stockholders in 2025. In
connection with her appointment to the Board, the Board also appointed Ms.
Gleeson to the Board's Nominating and Corporate Governance Committee.
Ms. Gleeson will participate in the Company's non-employee director compensation
program. A summary of the compensation payable to the Company's non-employee
directors was included in the Company's Form 10-K filed with the SEC on February
24, 2022 and in the Company's proxy statement for its 2022 Annual Meeting of
Stockholders filed with the SEC on March 29, 2022. The initial annual retainer
and initial annual restricted stock unit grant to be received by Ms. Gleeson
will be prorated to reflect services beginning July 1, 2022.
In connection with her appointment to the Board, the Company intends to enter
into an indemnification agreement with Ms. Gleeson in substantially the same
form as the Company has entered into with each of the Company's existing
directors and as previously disclosed in the Company's public filings.
There were no arrangements or understandings between Ms. Gleeson and any other
persons pursuant to which she was selected as a director. In addition, Ms.
Gleeson is not a party to any transaction, or any proposed transaction, required
to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On June 30, 2022, the Company issued a press release announcing the appointment
of Ms. Gleeson to the Board. A copy of the press release is furnished herewith
as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release of ZoomInfo Technologies Inc. dated June 30 , 2022
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