Institutional Venture Partners XIV, L.P. - 30 Aug 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.
Issuer symbol
ZIP
Transactions as of
30 Aug 2023
Net transactions value
$0
Form type
4
Filing time
01 Sep 2023, 16:28:03 UTC
Previous filing
09 Mar 2023
SEC
View on sec.gov

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 +3,800,000 $0.000000 3,800,000 30 Aug 2023 Direct F1, F2
transaction ZIP Class A Common Stock Other $0 -3,800,000 -100% $0.000000* 0 30 Aug 2023 Direct F2, F3
transaction ZIP Class A Common Stock Other $0 +805,600 +18964% $0.000000 809,848 30 Aug 2023 By Institutional Venture Management XIV, LLC F4, F5
transaction ZIP Class A Common Stock Other $0 -805,600 -99% $0.000000 4,248 30 Aug 2023 By Institutional Venture Management XIV, LLC F5, F6
transaction ZIP Class A Common Stock Other $0 +143,126 $0.000000 143,126 30 Aug 2023 Direct F7, F8
transaction ZIP Class A Common Stock Other $0 +12,007 +717% $0.000000 13,682 30 Aug 2023 Direct F7, F9
transaction ZIP Class A Common Stock Other $0 +100,190 +716% $0.000000 114,181 30 Aug 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +14,312 +716% $0.000000 16,311 30 Aug 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +14,312 +716% $0.000000 16,311 30 Aug 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +14,312 +716% $0.000000 16,311 30 Aug 2023 By Trust F7, F10
transaction ZIP Class A Common Stock Other $0 +143,126 +716% $0.000000 163,114 30 Aug 2023 By Trust F7, F11
transaction ZIP Class A Common Stock Other $0 +47,707 +716% $0.000000 54,369 30 Aug 2023 By Trust F7, F12
transaction ZIP Class A Common Stock Other $0 +71,563 +716% $0.000000 81,557 30 Aug 2023 By Trust F7, F13
transaction ZIP Class A Common Stock Other $0 +71,563 +716% $0.000000 81,557 30 Aug 2023 By Trust F7, F13
transaction ZIP Class A Common Stock Other $0 +143,126 +716% $0.000000 163,114 30 Aug 2023 By Trust F7, F14
holding ZIP Class A Common Stock 1,784,475 30 Aug 2023 By Institutional Venture Partners XV,L.P. F15
holding ZIP Class A Common Stock 9,495 30 Aug 2023 By Institutional Venture Partners XV Executive Fund, L.P. F16
holding ZIP Class A Common Stock 4,247 30 Aug 2023 By Institutional Venture Management XV, LLC F17

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 -3,800,000 -50% $0.000000 3,809,348 30 Aug 2023 Class A Common Stock 3,800,000 Direct F1, F2, F18
holding ZIP Class B Common Stock 5,763,820 30 Aug 2023 Class A Common Stock 5,763,820 By Institutional Venture Partners XV,L.P. F15, F18
holding ZIP Class B Common Stock 30,662 30 Aug 2023 Class A Common Stock 30,662 By Institutional Venture Partners XV Executive Fund, L.P. F16, F18
* 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 The shares are held of record or beneficially by IVM 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 IVM XV. Each of Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller, Phelps and Dash disclaims beneficial ownership of the shares held by IVM XV except to the extent of his respective pecuniary interest therein.
F18 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.