Key facts
- This page summarizes Ryan Eberhard's Form 4 filing for ZIPRECRUITER, INC. (ZIP).
- 8 reported transactions and 6 derivative rows are listed below.
- Accepted by SEC: 17 Mar 2022, 21:54.
Ryan Eberhard - 15 Mar 2022 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)
- Reporting relationship
- Chief Product Officer
- Issuer ticker
- ZIP
- Reported as of
- 15 Mar 2022
- Net transaction value
- -$220,777
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2022, 21:54:58 UTC
- Prior SEC filing
- 30 Dec 2021
- Next SEC filing
- 14 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Ryan Eberhard filed Form 4 for ZIPRECRUITER, INC. (ZIP) on 17 Mar 2022.
Change
- Previous filing in this sequence was filed on 30 Dec 2021.
- Current net transaction value: -$220,777.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ZIP
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +21,869
- Change %
- +19%
- Price
- $0.000000
- Shares after
- 136,716
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
ZIP
transaction
Class A Common Stock
Tax liability
- Transaction value
- $220,777
- Shares
- -11,669
- Change %
- -8.5%
- Price
- $18.92
- Shares after
- 125,047
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -4,688
- Change %
- -6.7%
- Price
- Shares after
- 65,625
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 4,688
- Exercise price
- Footnotes
- F3, F4, F5
ZIP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -7,500
- Change %
- -25%
- Price
- Shares after
- 22,500
- Date
- 15 Mar 2022
- 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 %
- -8.3%
- Price
- Shares after
- 78,375
- Date
- 15 Mar 2022
- 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 %
- -17%
- Price
- Shares after
- 12,782
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 2,556
- Exercise price
- Footnotes
- F3, F8
ZIP
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- Shares
- +21,869
- Change %
- Price
- Shares after
- 21,869
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,869
- Exercise price
- Footnotes
- F9
ZIP
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -21,869
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,869
- Exercise price
- Footnotes
- F1, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ryan Eberhard is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 9 footnotes
Footnote F1
Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
Footnote 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.
Footnote F3
Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
Footnote 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.
Footnote F5
RSUs do not expire; they either vest or are canceled prior to vesting date.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.