Institutional Venture Partners XIV, L.P. - Mar 7, 2023 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.
Stock symbol
ZIP
Transactions as of
Mar 7, 2023
Transactions value $
$0
Form type
4
Date filed
3/9/2023, 07:26 PM
Previous filing
Nov 30, 2022
Next filing
Sep 1, 2023

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 +3.75M $0.00 3.75M Mar 7, 2023 Direct F1, F2
transaction ZIP Class A Common Stock Other $0 -3.75M -100% $0.00* 0 Mar 8, 2023 Direct F2, F3
transaction ZIP Class A Common Stock Other $0 +56.3K $0.00 56.3K Mar 8, 2023 By Institutional Venture Management XIV, LLC F4, F5
transaction ZIP Class A Common Stock Other $0 -56.3K -100% $0.00* 0 Mar 8, 2023 By Institutional Venture Management XIV, LLC F5, F6
transaction ZIP Class A Common Stock Other $0 +9.99K +100% $0.00 20K Mar 8, 2023 Direct F7, F8
transaction ZIP Class A Common Stock Other $0 +838 +100.12% $0.00 1.68K Mar 8, 2023 Direct F7, F9
transaction ZIP Class A Common Stock Other $0 +7K +100.01% $0.00 14K Mar 8, 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +999 +99.9% $0.00 2K Mar 8, 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +999 +99.9% $0.00 2K Mar 8, 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +999 +99.9% $0.00 2K Mar 8, 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +9.99K +100% $0.00 20K Mar 8, 2023 By Trust F7, F11
transaction ZIP Class A Common Stock Other $0 +3.33K +100% $0.00 6.66K Mar 8, 2023 By Trust F7, F12
transaction ZIP Class A Common Stock Other $0 +5K +100% $0.00 9.99K Mar 8, 2023 By Trust F7, F13
transaction ZIP Class A Common Stock Other $0 +5K +100% $0.00 9.99K Mar 8, 2023 By Trust F7, F13
transaction ZIP Class A Common Stock Other $0 +9.99K +100% $0.00 20K Mar 8, 2023 By Trust F7, F14
holding ZIP Class A Common Stock 1.78M Mar 7, 2023 By Institutional Venture Partners XV,L.P. F15
holding ZIP Class A Common Stock 9.5K Mar 7, 2023 By Institutional Venture Partners XV Executive Fund, L.P. F16

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 -3.75M -33.01% $0.00 7.61M Mar 7, 2023 Class A Common Stock 3.75M Direct F1, F2, F17
holding ZIP Class B Common Stock 5.76M Mar 7, 2023 Class A Common Stock 5.76M By Institutional Venture Partners XV,L.P. F15, F17
holding ZIP Class B Common Stock 30.7K Mar 7, 2023 Class A Common Stock 30.7K By Institutional Venture Partners XV Executive Fund, L.P. F16, F17
* 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 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by IVP XIV to its general partner and limited partners without additional consideration.
F4 Represents receipt of shares in the distribution in kind described in footnote (3).
F5 The shares are held of record or beneficially by IVM 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 IVM XIV. Each of Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XIV except to the extent of his respective pecuniary interest therein.
F6 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by IVM XIV to its members without additional consideration.
F7 Represents receipt of shares in the distribution in kind described in footnote (6).
F8 The shares are held by Todd C. Chaffee.
F9 The shares are held by Somesh Dash.
F10 The shares are held by a family trust, of which Mr. Fogelsong is the trustee. Mr. Fogelsong disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F11 The shares are held by a family trust, of which Mr. Harrick is the trustee. Mr. Harrick disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F12 The shares are held by a family trust, of which Mr. Maltz is the trustee. Mr. Maltz disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F13 The shares are held by a family trust, of which Mr. Miller is the trustee. Mr. Miller disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F14 The shares are held by a family trust, of which Mr. Phelps is the trustee. Mr. Phelps disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F15 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.
F16 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.
F17 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.