Eric Liaw - Mar 7, 2023 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Director
Signature
/s/ Tracy Hogan, as Attorney-in-Fact for Eric Liaw
Stock symbol
ZIP
Transactions as of
Mar 7, 2023
Transactions value $
$0
Form type
4
Date filed
3/9/2023, 07:28 PM
Previous filing
Jan 9, 2023
Next filing
Mar 21, 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 By Institutional Venture Partners XIV L.P. F1, F2
transaction ZIP Class A Common Stock Other $0 -3.75M -100% $0.00* 0 Mar 8, 2023 By Institutional Venture Partners XIV L.P. 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 +838 +100.12% $0.00 1.68K Mar 8, 2023 By Trust F7, F8
holding ZIP Class A Common Stock 1.78M Mar 7, 2023 By Institutional Venture Partners XV,L.P. F9
holding ZIP Class A Common Stock 9.5K Mar 7, 2023 By Institutional Venture Partners XV Executive Fund, L.P. F10

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 By Institutional Venture Partners XIV L.P. F1, F2, F11
holding ZIP Class B Common Stock 5.76M Mar 7, 2023 Class A Common Stock 5.76M By Institutional Venture Partners XV,L.P. F9, F11
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. F10, F11
* 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 Represents securities held by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV, LLC ("IVM XIV") is the general partner of IVP XIV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
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 Represents securities held by IVM XIV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
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 Represents securities held by a family trust, of which the Reporting Person is the trustee.
F9 Represents securities held by Institutional Venture Partners XV, L.P. ("IVP XV"). Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. The Reporting Person is a managing director of IVM XV and shares voting and dispositive power over the shares held by IVP XV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F10 Represents securities held by Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV Executive Fund"). IVM XV is the general partner of IVP XV Executive Fund. The Reporting Person is a managing director of IVM XV and shares voting and dispositive power over the shares held by IVP XV Executive Fund. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F11 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.