Institutional Venture Partners XIV, L.P. - 22 Nov 2022 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
10%+ Owner
Signature
/s/ Tracy Hogan, as Attorney-in-Fact for Institutional Venture Partners XIV L.P.
Issuer symbol
ZIP
Transactions as of
22 Nov 2022
Net transactions value
$0
Form type
4
Filing time
23 Nov 2022, 15:05:06 UTC
Previous filing
09 Nov 2022
Next filing
30 Nov 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 $0 +178,033 +5% $0.000000 3,750,000 22 Nov 2022 By Institutional Venture Partners XIV L.P. F1, F2
holding ZIP Class A Common Stock 1,784,475 22 Nov 2022 By Institutional Venture Partners XV,L.P. F3
holding ZIP Class A Common Stock 9,495 22 Nov 2022 By Institutional Venture Partners XV Executive Fund, L.P. F4

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 Class B Common Stock Conversion of derivative security $0 -178,033 -1.5% $0.000000 11,359,348 22 Nov 2022 Class A Common Stock 178,033 By Institutional Venture Partners XIV L.P. F1, F2, F5
holding ZIP Class B Common Stock 5,763,820 22 Nov 2022 Class A Common Stock 5,763,820 By Institutional Venture Partners XV,L.P. F3, F5
holding ZIP Class B Common Stock 30,662 22 Nov 2022 Class A Common Stock 30,662 By Institutional Venture Partners XV Executive Fund, L.P. F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class B common stock were converted on a one-for-one basis into Class A common stock for no additional consideration.
F2 The shares are held of record or beneficially by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV LLC ("IVM XIV") is the general partner of IVP XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVP XIV. Each of IVM XIV and Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XIV except to the extent of its or his respective pecuniary interest therein.
F3 The shares are held of record or beneficially by Institutional Venture Partners XV, L.P. ("IVP XV"). Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller, Dennis B. Phelps, Jr., Somesh Dash and Eric Liaw are the managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. Each of IVM XV and Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller, Phelps and Dash disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. Mr. Liaw is a director of the Issuer and files separate Section 16 reports.
F4 The shares are held of record or beneficially by Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV EF"). IVM XV is the general partner of IVP XV EF. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller, Dennis B. Phelps, Jr., Somesh Dash and Eric Liaw are the managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV EF. Each of IVM XV and Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller, Phelps and Dash disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. Mr. Liaw is a director of the Issuer and files separate Section 16 reports.
F5 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.