Key facts
- This page summarizes Ryan Eberhard's Form 4 filing for ZIPRECRUITER, INC. (ZIP).
- 9 reported transactions and 7 derivative rows are listed below.
- Filing timestamp: 21 Dec 2021, 20:50.
Ryan Eberhard - 04 Oct 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
- 04 Oct 2021
- Net transactions value
- -$287,524
- Form type
- 4
- Filing time
- 21 Dec 2021, 20:50:12 UTC
- Previous filing
- 29 Sep 2021
- Next filing
- 12 Oct 2021
- SEC
- View on sec.gov
Key filing fact
Ryan Eberhard filed Form 4 for ZIPRECRUITER, INC. (ZIP) on 21 Dec 2021.
Change
- Previous filing in this sequence was filed on 29 Sep 2021.
- Current net transaction value: -$287,524.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
ZIP
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +21,868
- Change %
- +24%
- Price
- $0.000000
- Shares after
- 113,932
- Date
- 15 Dec 2021
- Ownership
- Direct
- Footnotes
- F1
ZIP
transaction
Class A Common Stock
Tax liability
- Transaction value
- $287,524
- Shares
- -11,669
- Change %
- -9.2%
- Price
- $24.64
- Shares after
- 114,847
- Date
- 15 Dec 2021
- Ownership
- Direct
- Footnotes
- F2
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
ZIP
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- Shares
- +75,000
- Change %
- Price
- Shares after
- 75,000
- Date
- 04 Oct 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 75,000
- Exercise price
- Footnotes
- F3, F4, F5
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -7,500
- Change %
- -20%
- Price
- Shares after
- 30,000
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 7,500
- Exercise price
- Footnotes
- F3, F6
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -7,125
- Change %
- -6.7%
- Price
- Shares after
- 99,750
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 7,125
- Exercise price
- Footnotes
- F3, F7
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -2,556
- Change %
- -11%
- Price
- Shares after
- 20,450
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 2,556
- Exercise price
- Footnotes
- F3, F8
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -4,687
- Change %
- -6.2%
- Price
- Shares after
- 70,313
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 4,687
- Exercise price
- Footnotes
- F3, F4, F5
ZIP
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- Shares
- +21,868
- Change %
- Price
- Shares after
- 21,868
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,868
- Exercise price
- Footnotes
- F9
ZIP
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -21,868
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,868
- Exercise price
- Footnotes
- F1, F9
* 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 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes. |
| F3 | Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. |
| F4 | The RSUs vest as to 1/16 of the total shares quarterly beginning on December 15, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
| F5 | RSUs do not expire; they either vest or are canceled prior to vesting date. |
| F6 | Commencing on January 1, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. The Issuer's Board of Directors has waived the liquidity event requirement condition effective as of the earlier of the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and March 15, 2022. |
| F7 | Commencing on March 24, 2021, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (a) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (b) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. These RSUs are subject to a liquidity event requirement which the Issuer's Board of Directors has waived in full, effective as of the earlier to occur of: (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022. |
| F8 | Commencing on August 26, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied over four years, with 25% of the RSUs vesting on August 26, 2020, and 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. These RSUs are subject to a liquidity event requirement which the Issuer's Board of Directors has waived in full, effective as of the earlier to occur of: (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022. |
| F9 | 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. |