SAKAMOTO RYAN T. - 24 Jan 2022 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
General Counsel and Secretary
Signature
/s/ Ryan Sakamoto
Issuer symbol
ZIP
Transactions as of
24 Jan 2022
Net transactions value
-$25,480
Form type
4
Filing time
26 Jan 2022, 19:12:06 UTC
Previous filing
21 Dec 2021
Next filing
19 Sep 2022
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 +26,000 +146% 43,849 24 Jan 2022 Direct F1
holding ZIP Class A Common Stock 77,700 24 Jan 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 $25,480 -26,000 -100% $0.9800* 0 24 Jan 2022 Class B Common Stock 26,000 $0.9800 Direct F3
transaction ZIP Class B Common Stock Options Exercise +26,000 26,000 24 Jan 2022 Class A Common Stock 26,000 Direct F1
transaction ZIP Class B Common Stock Conversion of derivative security -26,000 -100% 0 24 Jan 2022 Class A Common Stock 26,000 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.