Emilie Choi - May 26, 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Director
Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
May 26, 2021
Transactions value $
-$1,183,004
Form type
4
Date filed
5/28/2021, 08:01 PM
Previous filing
May 24, 2021
Next filing
Oct 27, 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 +58.5K $0.00 58.5K May 26, 2021 Direct F1, F2
transaction ZIP Class A Common Stock Sale -$1.18M -58.5K -100% $20.21 0 May 26, 2021 Direct F3

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 -58.5K -26.61% $0.00 161K May 26, 2021 Class B Common Stock 58.5K $5.53 Direct F4, F5
transaction ZIP Class B Common Stock Options Exercise +58.5K 58.5K May 26, 2021 Class A Common Stock 58.5K Direct F2
transaction ZIP Class B Common Stock Conversion of derivative security -58.5K -100% 0 May 26, 2021 Class A Common Stock 58.5K Direct F1, F2
* 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 the weighted average sale price. The lowest price at which shares were sold was $19.91 and the highest price at which shares were sold was $20.75. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F5 1/48 of the total shares underlying the option vests on April 9, 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.