David Travers - Jul 26, 2024 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
PRESIDENT
Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
Jul 26, 2024
Transactions value $
-$991
Form type
4
Date filed
7/30/2024, 04:13 PM
Previous filing
Jul 18, 2024
Next filing
Sep 17, 2024

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 +118 +0.01% $0.00 1.1M Jul 26, 2024 Direct F1
transaction ZIP Class A Common Stock Sale -$1.09K -118 -0.01% $9.23 1.1M Jul 26, 2024 Direct 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 Employee Stock Option (right to buy) Options Exercise $0 -118 -0.04% $0.00 268K Jul 26, 2024 Class B Common Stock 118 $0.84 Direct F3
transaction ZIP Class B Common Stock Options Exercise $98.50 +118 $0.84* 118 Jul 26, 2024 Class A Common Stock 118 Direct F4
transaction ZIP Class B Common Stock Conversion of derivative security $0 -118 -100% $0.00* 0 Jul 26, 2024 Class A Common Stock 118 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock.
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on September 24, 2023.
F3 The stock option is fully vested.
F4 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.