Eric Liaw - May 19, 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Director
Signature
/s/ Ryan Sakamoto, as Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4
Date filed
5/21/2021, 09:23 PM
Previous filing
May 19, 2021
Next filing
May 28, 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 +1.43M +66.67% $0.00 3.57M May 19, 2021 See footnote F1, F2, F3
transaction ZIP Class A Common Stock Conversion of derivative security $0 +714K +66.67% $0.00 1.78M May 19, 2021 See footnote 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 See footnote 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 See footnote 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 See footnote 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 See footnote 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. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his 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, the Reporting Person, 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. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his 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, the Reporting Person, 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. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.