SC 13G/A

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant To § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

ZoomInfo Technologies Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01

(Title of Class of Securities)

98980F104

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 98980F104    Schedule 13G    Page 1 of 27

 

  1   

Names of Reporting Persons

 

The Carlyle Group Inc.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

CO


CUSIP No. 98980F104    Schedule 13G    Page 2 of 27

 

 

  1   

Names of Reporting Persons

 

    Carlyle Group Management L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 3 of 27

 

  1   

Names of Reporting Persons

 

    Carlyle Holdings I GP Inc.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

CO


CUSIP No. 98980F104    Schedule 13G    Page 4 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Holdings I GP Sub L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 5 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Holdings I L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 6 of 27

 

  1   

Names of Reporting Persons

 

CG Subsidiary Holdings L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 7 of 27

 

  1   

Names of Reporting Persons

 

TC Group, L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 8 of 27

 

  1   

Names of Reporting Persons

 

TC Group Sub L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 9 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Holdings II GP L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 10 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Holdings II L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104   Schedule 13G   Page 11 of 27

 

  1   

Names of Reporting Persons

 

TC Group Cayman Investment Holdings, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104   Schedule 13G   Page 12 of 27

 

  1   

Names of Reporting Persons

 

TC Group Cayman Investment Holdings Sub L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104   Schedule 13G   Page 13 of 27

 

  1   

Names of Reporting Persons

 

TC Group VI S1, L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104   Schedule 13G   Page 14 of 27

 

  1   

Names of Reporting Persons

 

TC Group VI S1, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104   Schedule 13G   Page 15 of 27

 

  1   

Names of Reporting Persons

 

TC Group VI, L.L.C.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

OO (Limited Liability Company)


CUSIP No. 98980F104    Schedule 13G    Page 16 of 27

 

  1   

Names of Reporting Persons

 

TC Group VI, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 17 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Partners VI Evergreen Holdings, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 18 of 27

 

  1   

Names of Reporting Persons

 

CP VI Evergreen Holdings, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

44,241,982

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

44,241,982

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

44,241,982

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

11.8%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 19 of 27

 

  1   

Names of Reporting Persons

 

Carlyle Partners VI Dash Holdings, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

0

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

0

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11  

Percent of Class Represented by Amount in Row 9

 

0.0%

12  

Type of Reporting Person

 

PN


CUSIP No. 98980F104    Schedule 13G    Page 20 of 27

 

ITEM 1.

(a)         Name of Issuer:

ZoomInfo Technologies Inc. (the “Issuer”)

 

  (b)

Address of Issuer’s Principal Executive Offices:

805 Broadway Street, Suite 900, Vancouver, Washington 98660.

 

ITEM 2.

(a)         Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

Carlyle Group Management L.L.C.

The Carlyle Group Inc.

Carlyle Holdings I GP Inc.

Carlyle Holdings I GP Sub L.L.C.

Carlyle Holdings I L.P.

CG Subsidiary Holdings L.L.C.

TC Group, L.L.C.

TC Group Sub L.P.

Carlyle Holdings II GP L.L.C.

Carlyle Holdings II L.L.C.

TC Group Cayman Investment Holdings, L.P.

TC Group Cayman Investment Holdings Sub L.P.

TC Group VI S1, L.L.C.

TC Group VI S1, L.P.

TC Group VI, L.L.C.

TC Group VI, L.P.

Carlyle Partners VI Evergreen Holdings, L.P. (“Carlyle Evergreen”)

CP VI Evergreen Holdings, L.P. (“CP VI Evergreen”)

Carlyle Partners VI Dash Holdings, L.P.

 

  (b)

Address or Principal Business Office:

The address for each of TC Group Cayman Investment Holdings, L.P. and TC Group Cayman Investment Holdings Sub L.P. is c/o Walkers, 190 Elgin Avenue, George Town, Grand Cayman KY1-9001, Cayman Islands. The address for each of the remaining Reporting Persons is c/o The Carlyle Group Inc., 1001 Pennsylvania Avenue NW, Suite 220 South, Washington, D.C. 20004-2505.


CUSIP No. 98980F104    Schedule 13G    Page 21 of 27

 

  (c)

Citizenship of each Reporting Person is:

Each of TC Group Cayman Investment Holdings, L.P. and TC Group Cayman Investment Holdings Sub L.P. is organized under the laws of the Cayman Islands. Each of the remaining Reporting Persons is organized under the laws of the state of Delaware.

 

  (d)

Title of Class of Securities:

Class A common stock, par value $0.01 per share (“Class A Common Stock”).

 

  (e)

CUSIP Number:

98980F104

 

ITEM 3.

Not applicable.

 

ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Class A Common Stock of the Issuer as of the date of this filing, based upon 375,392,534 shares of Class A Common Stock outstanding as of October 25, 2021, as disclosed in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 1, 2021.

 

Reporting Person   

Amount

beneficially

owned

  

Percent

of class:

  Sole
power
to vote
or to
direct
the vote:
   Shared
power to
vote or to
direct the
vote:
  

Sole
power to
dispose or
to direct
the
disposition

of:

  

Shared

power to

dispose or

to direct

the

disposition

of:

Carlyle Group Management L.L.C.

   0    0.0%   0    0    0    0

The Carlyle Group Inc.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

Carlyle Holdings I GP Inc.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

Carlyle Holdings I GP Sub L.L.C.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

Carlyle Holdings I L.P.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

CG Subsidiary Holdings L.L.C.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

TC Group, L.L.C.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

TC Group Sub L.P.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

Carlyle Holdings II GP L.L.C.

   0    0.0%   0    0    0    0

Carlyle Holdings II L.L.C.

   0    0.0%   0    0    0    0

TC Group Cayman Investment Holdings, L.P.

   0    0.0%   0    0    0    0


CUSIP No. 98980F104    Schedule 13G    Page 22 of 27

 

TC Group Cayman Investment Holdings Sub L.P.

   0    0.0%   0    0    0    0

TC Group VI S1, L.L.C.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

TC Group VI S1, L.P.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

TC Group VI, L.L.C.

   0    0.0%   0    0    0    0

TC Group VI, L.P.

   0    0.0%   0    0    0    0

Carlyle Partners VI Evergreen Holdings, L.P.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

CP VI Evergreen Holdings, L.P.

   44,241,982    11.8%   0    44,241,982    0    44,241,982

Carlyle Partners VI Dash Holdings, L.P.

   0    0.0%   0    0    0    0

Carlyle Evergreen is the record holder of 22,059,618 shares of Class A Common Stock and CP VI Evergreen is the record holder of 22,182,364 shares of Class A Common Stock.

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities held of record by Carlyle Evergreen and CP VI Evergreen, is the managing member of CG Subsidiary Holdings L.L.C., which is the managing member of TC Group, L.L.C., which is the general partner of TC Group Sub L.P., which is the managing member of TC Group VI S1, L.L.C., which is the general partner of TC Group VI S1, L.P., which is the general partner of Carlyle Evergreen and CP VI Evergreen. Accordingly each of these entities may be deemed to share beneficial ownership of the securities held of record by Carlyle Evergreen and CP VI Evergreen. Each of them disclaims beneficial ownership of such securities.

The irrevocable proxy held by Carlyle Group Management L.L.C. now allows it to vote less than a majority of the shares of The Carlyle Group Inc., and therefore Carlyle Group Management L.L.C. is no longer deemed to share beneficial ownership of the securities reported here.

 

ITEM 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owners of more than five percent of the class of securities, check the following: ☒

As of December 31, 2021, each of Carlyle Group Management L.L.C., Carlyle Holdings II GP L.L.C., Carlyle Holdings II L.L.C., TC Group Cayman Investment Holdings, L.P., TC Group Cayman Investment Holdings Sub L.P., TC Group VI, L.L.C., TC Group VI, L.P. and Carlyle Partners VI Dash Holdings, L.P. ceased to be the beneficial owners of and securities of the Issuer.

 

ITEM 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.


CUSIP No. 98980F104    Schedule 13G    Page 23 of 27

 

ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group.

The Reporting Persons are a party to (i) that certain Stockholders Agreement (the “Stockholders Agreement”) dated as of June 3, 2020, among the Issuer, the TA Stockholders (as defined therein), the Carlyle Stockholders (as defined therein) and the Founder Stockholders (as defined therein and which initially includes DO Holdings (WA), LLC, HSKB Funds, LLC, and HSKB Funds II, LLC) and (ii) the Irrevocable Proxy (the “Irrevocable Proxy”) dated as of June 3, 2020, among the TA Stockholders, the Carlyle Stockholders, the Founder Stockholders and 22C (as defined therein, and together with the TA Stockholders, the Carlyle Stockholders and the Founder Stockholders, the “Other Parties”).

By virtue of being a party to the Stockholders Agreement and the Irrevocable Proxy, each of the Reporting Persons may be deemed to be members of a “group,” as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, with the Other Parties. The share ownership reported on this Schedule 13G for the Reporting Persons does not include any securities of the Issuer owned by the Other Parties, and each of the Reporting Persons disclaims beneficial ownership of the securities beneficially owned by the Other Parties.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 98980F104    Schedule 13G    Page 24 of 27

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 11, 2022

 

Carlyle Group Management L.L.C.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Chief Financial Officer

 

The Carlyle Group Inc.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Chief Financial Officer

 

Carlyle Holdings I GP Inc.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director and Chief Financial Officer

 

Carlyle Holdings I GP Sub L.L.C.
By:   Carlyle Holdings I GP Inc., its sole member
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director and Chief Financial Officer

 

Carlyle Holdings I L.P.

By:

 

/s/ Anne Frederick, attorney-in-fact

Name: Curtis L. Buser

Title: Managing Director

 

CG Subsidiary Holdings L.L.C.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director


CUSIP No. 98980F104    Schedule 13G    Page 25 of 27

 

TC Group, L.L.C.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director

 

TC Group Sub L.P.
By:   TC Group, L.L.C., its general partner
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director

 

Carlyle Holdings II GP L.L.C.
By:   The Carlyle Group Inc., its sole member
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Chief Financial Officer

 

Carlyle Holdings II L.L.C.
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director

 

TC Group Cayman Investment Holdings, L.P.
By: CG Subsidiary Holdings L.L.C., its general partner
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director

 

TC Group Cayman Investment Holdings Sub L.P.
By: TC Group Cayman Investment Holdings, L.P., its general partner
By: CG Subsidiary Holdings L.L.C., its general partner
By:   /s/ Anne Frederick, attorney-in-fact
Name: Curtis L. Buser
Title: Managing Director


CUSIP No. 98980F104    Schedule 13G    Page 26 of 27

 

TC Group VI S1, L.L.C.
By:   /s/ Jeremy Anderson
Name:   Jeremy Anderson
Title:   Authorized Person

TC Group VI S1, L.P.

By:   /s/ Jeremy Anderson
Name:   Jeremy Anderson
Title:   Authorized Person

TC Group VI, L.L.C.

By:   /s/ Jeremy W. Anderson
Name:   Jeremy W. Anderson
Title:   Authorized Person

TC Group VI, L.P.

By:   /s/ Jeremy W. Anderson
Name:   Jeremy W. Anderson
Title:   Authorized Person

Carlyle Partners VI Evergreen Holdings, L.P.

By:   TC Group VI S1, L.P., its general partner
By:   /s/ Jeremy W. Anderson
Name:   Jeremy W. Anderson
Title:   Authorized Person

CP VI Evergreen Holdings, L.P.

By:   TC Group VI S1, L.P., its general partner
By:   /s/ Jeremy W. Anderson
Name:   Jeremy W. Andersocn
Title:   Authorized Person

Carlyle Partners VI Dash Holdings, L.P.

By:   TC Group VI, L.P., its general partner
By:   /s/ Jeremy W. Anderson
Name:   Jeremy W. Anderson
Title:   Authorized Person


CUSIP No. 98980F104    Schedule 13G    Page 27 of 27

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

24    Power of Attorney (previously filed).
99    Joint Filing Agreement (previously filed).