Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Class A Common Stock | Options Exercise | $0 | +24.5K | $0.00 | 18K | Mar 15, 2022 | Direct | F1 | |
transaction | ZIP | Class A Common Stock | Tax liability | -$160K | -8.47K | -32.06% | $18.92 | 18K | Mar 15, 2022 | Direct | F1, F2 |
transaction | ZIP | Class A Common Stock | Sale | -$220K | -10K | -39.02% | $22.00 | 15.6K | Jun 1, 2021 | By Robert Eugene Tortorete | F3 |
transaction | ZIP | Class A Common Stock | Sale | -$959K | -44.4K | -100% | $21.58 | 0 | Jun 1, 2021 | By Ruth Tortorete | F3, F4 |
holding | ZIP | Class A Common Stock | 616K | Dec 31, 2022 | See footnote | F5 | |||||
holding | ZIP | Class A Common Stock | 42.2K | Dec 31, 2022 | By Matthew Siegel | F3 | |||||
holding | ZIP | Class A Common Stock | 106K | Dec 31, 2022 | See footnote | F6 |
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 | +24.5K | $0.00* | 0 | Feb 18, 2022 | Class A Common Stock | 24.5K | $0.00 | Direct | F7, F8, F9 | |
transaction | ZIP | Restricted Stock Units | Options Exercise | $0 | -24.5K | -100% | $0.00* | 0 | Mar 15, 2022 | Class A Common Stock | 24.5K | $0.00 | Direct | F7, F8, F9 |
Id | Content |
---|---|
F1 | Includes 1,925 shares of Class A Common Stock issued pursuant to the Issuer's employee stock purchase plan on February 14, 2022. |
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 ("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. |
F3 | The Reporting Person has voting, but not dispositive, power over such shares and disclaims beneficial ownership of such shares. |
F4 | Represents the weighted average sale price. The lowest price at which shares were sold was $21.50 and the highest price at which shares were sold was $21.62. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. |
F5 | Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees. |
F6 | Represents shares held by The Siegel Community Property Trust, Dated April 27, 1995, as Amended of which Michael Siegel and Sheila Siegel are co-trustees. The Reporting Person has voting, but not dispositive, power over such shares. |
F7 | 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. |
F8 | The RSUs were fully vested on February 18, 2022. Shares of Class A Common Stock were issued to the Reporting Person upon settlement of the RSUs on March 15, 2022. |
F9 | RSUs do not expire; they either vest or are canceled prior to the vesting date. |