DAVID TRAVERS - 14 May 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Signature
/s/ Ryan Sakamoto
Issuer symbol
ZIP
Transactions as of
14 May 2021
Transactions value $
$0
Form type
4
Filing time
18 May 2021, 20:13:19 UTC
Next filing
19 May 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZIP Series A Preferred Stock Conversion of derivative security $0 -433K -100% $0.00* 0 14 May 2021 Class B Common Stock 3.46M See footnote F1, F2, F3
transaction ZIP Class B Common Stock Conversion of derivative security $0 +3.46M $0.00 3.46M 14 May 2021 Class A Common Stock 3.46M See footnote F2, F3
transaction ZIP Series B Preferred Stock Conversion of derivative security $0 -337K -100% $0.00* 0 14 May 2021 Class B Common Stock 337K See footnote F2, F3, F4
transaction ZIP Class B Common Stock Conversion of derivative security $0 +337K +9.72% $0.00 3.8M 14 May 2021 Class A Common Stock 337K See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Series A Preferred Stock automatically converted into Class B Common Stock on a one-for-eight basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date.
F2 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.
F3 Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner.
F4 Each share of the Series B Preferred Stock automatically converted into Class B Common Stock on a one-for-one basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date.