Eric Liaw - Jun 11, 2024 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role: Director
Signature: /s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol: ZIP
Transactions as of: Jun 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/12/2024, 08:28 PM
Previous 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	Options Exercise	$0	+12.4K		$0.00	12.4K	Jun 11, 2024	Direct
holding	ZIP	Class A Common Stock						1.78M	Jun 11, 2024	By Institutional Venture Partners XV, L.P.	F1
holding	ZIP	Class A Common Stock						9.5K	Jun 11, 2024	By Institutional Venture Partners XV Executive Fund, L.P.	F2
holding	ZIP	Class A Common Stock						13.7K	Jun 11, 2024	By Trust	F3
holding	ZIP	Class A Common Stock						4.25K	Jun 11, 2024	By Institutional Venture Management XIV LLC	F4
holding	ZIP	Class A Common Stock						4.25K	Jun 11, 2024	By Institutional Venture Management XV LLC	F5

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	Options Exercise	$0	-12.4K	-100%	$0.00^*	0	Jun 11, 2024	Class A Common Stock	12.4K		Direct	F6, F7, F8
transaction	ZIP	Restricted Stock Units	Award	$0	+20.4K		$0.00	20.4K	Jun 11, 2024	Class A Common Stock	20.4K		Direct	F6, F8, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	Represents securities held by a family trust, of which the Reporting Person is the trustee.
F4	Represents securities held by Institutional Venture Management XIV, LLC ("IVM XIV"). The Reporting Person is a managing director of IVM XIV and shares voting and dispositive power over the shares held by IVM XIV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
F5	Represents securities held by IVM XV. The Reporting Person is a managing director of IVM XV and shares voting and dispositive power over the shares held by IVM XV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F6	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F7	The shares subject to the underlying RSUs shall vest on the earlier of (i) June 13, 2024 and (ii) the date of the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
F8	RSUs do not expire; they either vest or are canceled prior to vesting date.
F9	The shares subject to the underlying RSUs shall vest on the earlier of (i) June 11, 2025 and (ii) the date of the Issuer's 2025 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.