Ryan Sakamoto - Jan 24, 2022 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Signature
/s/ Ryan Sakamoto
Stock symbol
ZIP
Transactions as of
Jan 24, 2022
Transactions value $
-$25,480
Form type
4
Date filed
1/26/2022, 07:12 PM
Previous filing
Dec 21, 2021
Next filing
Sep 19, 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 +26K +145.67% 43.8K Jan 24, 2022 Direct F1
holding ZIP Class A Common Stock 77.7K Jan 24, 2022 See Footnote F2

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 -$25.5K -26K -100% $0.98* 0 Jan 24, 2022 Class B Common Stock 26K $0.98 Direct F3
transaction ZIP Class B Common Stock Options Exercise +26K 26K Jan 24, 2022 Class A Common Stock 26K Direct F1
transaction ZIP Class B Common Stock Conversion of derivative security -26K -100% 0 Jan 24, 2022 Class A Common Stock 26K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The reported shares are held by the Sakamoto Living Trust dated 1/5/15, of which the Reporting Person is trustee and beneficiary.
F3 The stock option is fully vested.