David Travers - Dec 31, 2022 Form 5 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
President
Signature
/s/ Ryan Sakamoto, as Attorney-in-Fact
Stock symbol
ZIP
Transactions as of
Dec 31, 2022
Transactions value $
-$131,229
Form type
5
Date filed
2/14/2023, 06:09 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 +13K +1.25% $0.00 1.05M Mar 15, 2022 Direct F1
transaction ZIP Class A Common Stock Tax liability -$131K -6.94K -0.66% $18.92 1.05M Mar 15, 2022 Direct F1, F2

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 +100K $0.00 68.8K Feb 18, 2022 Class A Common Stock 100K $0.00 Direct F3, F4, F5, F6
transaction ZIP Restricted Stock Units Award $0 +13K $0.00* 0 Feb 18, 2022 Class A Common Stock 13K $0.00 Direct F4, F6, F7
transaction ZIP Restricted Stock Units Options Exercise $0 -13K -100% $0.00* 0 Mar 15, 2022 Class A Common Stock 13K $0.00 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,925 shares of Class A Common Stock acquired by the Reporting Person on February 14, 2022 pursuant to the Issuer's employee stock purchase plan.
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 This RSU award was inadvertently reported on Form 4 filed February 14, 2022 with an incorrect grant date of December 15, 2021. The award was granted on February 18, 2022.
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 vest as to 1/16 of the total shares quarterly until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. The first two vested tranches settled on March 15, 2022.
F6 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F7 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.