DAVID TRAVERS - 18 May 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Issuer symbol
ZIP
Transactions as of
18 May 2021
Net transactions value
$0
Form type
4
Filing time
20 May 2021, 20:29:08 UTC
Previous filing
19 May 2021
Next filing
25 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIP Class A Common Stock Conversion of derivative security $0 +6,839 +1.2% $0.000000 573,094 18 May 2021 Direct F1, F2

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 Employee Stock Option (right to buy) Options Exercise $0 -6,839 -2.5% $0.000000 268,947 18 May 2021 Class B Common Stock 6,839 $3.70 Direct F3
transaction ZIP Class B Common Stock Options Exercise +6,839 6,839 18 May 2021 Class A Common Stock 6,839 Direct F2
transaction ZIP Class B Common Stock Conversion of derivative security -6,839 -100% 0 18 May 2021 Class A Common Stock 6,839 Direct F1, F2
holding ZIP Class B Common Stock 3,797,829 18 May 2021 Class A Common Stock 3,797,829 See footnote F2, F4
holding ZIP Class B Common Stock 842,612 18 May 2021 Class A Common Stock 842,612 See footnote F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
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 The stock option vests as to 1/48 of the total shares monthly, beginning August 1, 2017, until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F4 Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner.
F5 Represents shares held by Basepoint Ventures Opportunity II, LLC, of which the Reporting Person is a managing partner.