Mike Gupta - Aug 6, 2024 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Director
Signature
Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
Aug 6, 2024
Transactions value $
$0
Form type
4
Date filed
8/8/2024, 04:01 PM
Previous filing
Aug 8, 2024

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 Award $0 +22.8K $0.00 22.8K Aug 6, 2024 Class A Common Stock 22.8K Direct F1, F2, F3
transaction ZIP Restricted Stock Units Award $0 +20K $0.00 20K Aug 6, 2024 Class A Common Stock 20K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 The shares subject to the underlying RSUs shall vest as to 1/3 of the total award on the date of the Issuer's annual meeting of stockholders in each of 2025, 2026 and 2027, subject to the Reporting Person's provision of services to the Issuer on each such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
F3 RSUs do not expire; they either vest or are canceled prior to vesting date.
F4 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.