Renata Dionello - May 26, 2021 Form 4/A - Amendment Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Chief People Officer
Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
May 26, 2021
Transactions value $
-$20,820
Form type
4/A - Amendment
Date filed
4/20/2022, 07:09 PM
Date Of Original Report
May 28, 2021
Previous filing
May 14, 2021
Next filing
Sep 14, 2021

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 +3K $0.00 3K May 26, 2021 Direct F1, F2
transaction ZIP Class A Common Stock Sale -$20.8K -1.04K -34.7% $20.00 1.96K May 26, 2021 Direct

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 $0 -3K -100% $0.00* 0 May 26, 2021 Class B Common Stock 3K Direct F3, F4
transaction ZIP Class B Common Stock Options Exercise +3K 3K May 26, 2021 Class A Common Stock 3K Direct F2
transaction ZIP Class B Common Stock Conversion of derivative security -3K -100% 0 May 26, 2021 Class A Common Stock 3K 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F4 The RSUs shall 100% vest upon the earliest to occur of (a) first trading day following the expiration of the lockup period applicable to the initial public offering ("IPO") of the Issuer's equity securities pursuant to an effective registration statement, (b) March 15 of the calendar year following the year in which an IPO occurs or (c) a change of control, provided that the Reporting Person remains an employee or provider of service to the Issuer at such time. The Issuer's Board of Directors has waived the foregoing vesting requirement such that the RSUs shall vest in full effective as of the earlier 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.

Remarks:

This amendment to Form 4 is filed to correct the number of shares of Class B Common Stock that converted to Class A Common Stock on May 26, 2021, as reported in Form 4 filed on May 28, 2021. This amendment to Form 4 amends and restates the original Form 4 in its entirety.