Institutional Venture Partners XIV, L.P. - May 19, 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role: 10%+ Owner
Signature: /s/ Terry Hogan, as Attorney-in-Fact for all Reporting Persons
Stock symbol: ZIP
Transactions as of: May 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/21/2021, 06:11 PM
Previous filing: May 19, 2021
Next filing: Nov 9, 2022

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	+1.43M	+66.67%	$0.00	3.57M	May 19, 2021	Direct	F1, F2, F3
transaction	ZIP	Class A Common Stock	Conversion of derivative security	$0	+714K	+66.67%	$0.00	1.78M	May 19, 2021	Direct	F1, F2, F4
transaction	ZIP	Class A Common Stock	Conversion of derivative security	$0	+3.8K	+66.67%	$0.00	9.5K	May 19, 2021	Direct	F1, F2, F5

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	Class B Common Stock	Conversion of derivative security	$0	-1.43M	-11.76%	$0.00	10.7M	May 19, 2021	Class A Common Stock	1.43M		Direct	F1, F2, F3
transaction	ZIP	Class B Common Stock	Conversion of derivative security	$0	-714K	-11.76%	$0.00	5.35M	May 19, 2021	Class A Common Stock	714K		Direct	F1, F2, F4
transaction	ZIP	Class B Common Stock	Conversion of derivative security	$0	-3.8K	-11.77%	$0.00	28.5K	May 19, 2021	Class A Common Stock	3.8K		Direct	F1, 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	Represents securities held by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV, LLC is the general partner of IVP XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XIV, LLC and share voting and dispositive power over the shares held by IVP XIV. Such individuals disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein, if any.
F4	Represents securities held by Institutional Venture Partners XV, L.P. ("IVP XV"). Institutional Venture Management XV, LLC is the general partner of IVP XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, a director of the Issuer, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XV, LLC and share voting and dispositive power over the shares held by IVP XV. Such individuals disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein, if any.
F5	Represents securities held by Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV Executive Fund"). Institutional Venture Management XV, LLC is the general partner of IVP XV Executive Fund. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, a director of the Issuer, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XV, LLC and share voting and dispositive power over the shares held by IVP XV Executive Fund. Such individuals disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein, if any.