Boris F. Shimanovsky - Dec 31, 2022 Form 5 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Chief Technology Officer
Signature
/s/ Ryan Sakamoto, as Attorney-in-Fact
Stock symbol
ZIP
Transactions as of
Dec 31, 2022
Transactions value $
-$320,632
Form type
5
Date filed
2/14/2023, 06:05 PM
Previous filing
Dec 19, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIP Class A Common Stock Options Exercise $0 +5.5K +3.55% $0.00 160K Mar 15, 2022 Direct
transaction ZIP Class A Common Stock Tax liability -$47.6K -2.52K -1.55% $18.92 160K Mar 15, 2022 Direct F1
transaction ZIP Class A Common Stock Sale -$273K -8.56K -5.07% $31.90 160K Nov 17, 2021 Direct F2, F3

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 Award $0 +5.5K $0.00* 0 Feb 18, 2022 Class A Common Stock 5.5K $0.00 Direct F4, F5, F6
transaction ZIP Restricted Stock Units Options Exercise $0 -5.5K -100% $0.00* 0 Mar 15, 2022 Class A Common Stock 5.5K $0.00 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 ("RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported in this form for any reason other than to cover required taxes.
F2 The transactions reported on this line item were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.50 to $32.45 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of settlement for no consideration.
F5 The RSUs were fully vested on February 18, 2022. Shares of Class A Common Stock ware issued to the Reporting Person upon settlement of the RSUs on March 15, 2022.
F6 RSUs do not expire; they either vest or are canceled prior to the vesting date.