secwatch.observer — SEC 8-K summary
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Issuer:     Consensus Cloud Solutions, Inc. (CCSI)
CIK:        0001866633
Form:       8-K
Filed at:   2021-10-08T23:59:59+00:00
Accession:  0001193125-21-294817
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 2.01, 3.03, 5.03, 5.01, 5.02, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consensus Cloud completes spin-off from Ziff Davis, issues $805M in senior notes
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- Completed separation from Ziff Davis on Oct 7, 2021; distributed 80.1% of CCSI shares to ZD shareholders at 1:3 ratio.
- Issued $305M 6.0% senior notes due 2026 and $500M 6.5% senior notes due 2028 in connection with spin-off.
- Jeremy Rossen resigned as President and director; Vithya Aubee resigned as director; four new directors appointed.
- Scott Turicchi named CEO and Interim CFO; John Nebergall COO; Steve Emberland appointed VP, Controller.
- Adopted 2021 Equity Incentive Plan, ESPP, and director compensation: $50K annual cash retainer plus $200K equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866633/000119312521294817/0001193125-21-294817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866633/000119312521294817/d141499d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-294817

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer