Timothy G. Yarbrough - 25 Aug 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Chief Business Officer
Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Issuer symbol
ZIP
Transactions as of
25 Aug 2021
Net transactions value
-$317,454
Form type
4
Filing time
27 Aug 2021, 21:16:56 UTC
Previous filing
18 Aug 2021
Next filing
02 Sep 2021
SEC
View on sec.gov

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 +25,000 +51% $0.000000 74,085 25 Aug 2021 Direct F1, F2
transaction ZIP Class A Common Stock Sale $316,433 -12,458 -17% $25.40 61,627 25 Aug 2021 Direct
transaction ZIP Class A Common Stock Sale $1,021 -40 -0.06% $25.52 61,587 25 Aug 2021 Direct
holding ZIP Class A Common Stock 310,000 25 Aug 2021 See footnote 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 Restricted Stock Units Options Exercise -25,000 -25% 75,000 25 Aug 2021 Class B Common Stock 25,000 Direct F4, F5
transaction ZIP Class B Common Stock Options Exercise +25,000 25,000 25 Aug 2021 Class A Common Stock 25,000 Direct F2
transaction ZIP Class B Common Stock Conversion of derivative security -25,000 -100% 0 25 Aug 2021 Class A Common Stock 25,000 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 These securities are held of record by the Yarbrough Family Trust, dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.
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 25% of the RSUs will vest on August 25, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.