FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Caruso Daniel
2. Issuer Name and Ticker or Trading Symbol

Zayo Group Holdings, Inc. [ ZAYO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO
(Last)          (First)          (Middle)

1821 30TH STREET, UNIT A
3. Date of Earliest Transaction (MM/DD/YYYY)

11/13/2019
(Street)

BOULDER, CO 80301
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/13/2019  G  V 8066 D (1)0 I Bear Equity, LLC (2)
Common Stock 11/13/2019  G  V 4438 D (1)0 I Bear Investments, LLLP (3)
Common Stock 11/13/2019  G  V 372406 D (1)0 D  
Common Stock 2/10/2020  G  V 300000 D (1)3123666 I DPC Papa Bear Enterprises, LLC (4)
Common Stock 2/10/2020  D  127886 D$4464500.26 (5)0 I Daniel P. Caruso Development Fund (6)
Common Stock 2/10/2020  A  127886 A$4464500.26 (5)127886 D  
Common Stock 2/10/2020  G  127886 D (1)0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Gift made to the Caruso Foundation
(2) The reporting person disclaims beneficial ownership of the shares held by Bear Equity LLC, except to the extent of his pecuniary interest therein.
(3) The reporting person disclaims beneficial ownership of the shares held by Bear Investments, LLLP, except to the extent of his pecuniary interest therein.
(4) The reporting person disclaims beneficial ownership of the shares held by DPC Papa Bear Enterprises, LLC, except to the extent of his pecuniary interest therein.
(5) The Daniel P. Caruso Development Fund swapped the reported number of shares to Daniel Caruso, the individual, in exchange for the cash consideration reported
(6) The reporting person disclaims beneficial ownership of the shares held by the Daniel P. Caruso Development Fund, except to the extent of his pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Caruso Daniel
1821 30TH STREET, UNIT A
BOULDER, CO 80301
X
CEO

Signatures
/s/ Shira Cooks, as attorney in fact3/9/2020
**Signature of Reporting PersonDate

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