Ryan Eberhard - 14 May 2021 Form 3 Insider Report for ZIPRECRUITER, INC. (ZIP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
14 May 2021, 21:18:58 UTC
Next SEC filing
19 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ryan Sakamoto, as Attorney-in-Fact

Key filing fact

Ryan Eberhard filed Form 3 for ZIPRECRUITER, INC. (ZIP) on 14 May 2021.

Key facts

  • This page summarizes Ryan Eberhard's Form 3 filing for ZIPRECRUITER, INC. (ZIP).
  • 0 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 14 May 2021, 21:18.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZIP holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
96,750
Exercise price
$0.000000
Footnotes
F1
ZIP holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
250,000
Exercise price
$5.53
Footnotes
F2
ZIP holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
1,250
Exercise price
$3.70
Footnotes
F3
ZIP holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
120,000
Exercise price
Footnotes
F4, F5
ZIP holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
40,900
Exercise price
Footnotes
F5, F6, F7
ZIP holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,000
Exercise price
Footnotes
F5, F8
ZIP holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
114,000
Exercise price
Footnotes
F5, F9, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Footnote F2

1/48 of the total shares underlying the option vests on August 1, 2018, and the remainder will vest as to 1/48 of the total award in monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Footnote F3

1/48 of the total shares underlying the option vests on August 1, 2017, and the remainder will vest as to 1/48 of the total award in monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Footnote F4

Commencing on January 1, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. The Issuer's Board of Directors has waived the liquidity event requirement condition effective as of the earlier of the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and March 15, 2022.

Footnote F5

Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.

Footnote F6

Commencing on August 26, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied over four years, with 25% of the RSUs vesting on August 26, 2020, and 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control.

Footnote F7

[continuation of fn6] These RSUs are subject to a liquidity event requirement which the Issuer's Board of Directors has waived in full, effective as of the earlier to occur of: (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022.

Footnote F8

The RSUs shall 100% vest upon the earliest to occur of (a) first trading day following the expiration of the lockup period applicable to the IPO of the Issuer's equity securities pursuant to an effective registration statement, (b) March 15 of the calendar year following the year in which an IPO occurs or (c) a change of control, provided that the Reporting Person remains an employee or provider of service to the Issuer at such time. The Issuer's Board of Directors has waived the foregoing vesting requirement such that the RSUs shall vest in full effective as of the earlier of (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022.

Footnote F9

Commencing on March 24, 2021, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (a) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (b) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control.

Footnote F10

[continuation of fn9] These RSUs are subject to a liquidity event requirement which the Issuer's Board of Directors has waived in full, effective as of the earlier to occur of: (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022.

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