Boris F. Shimanovsky - 15 Sep 2024 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role: EVP & CHIEF TECHNOLOGY OFFICER
Signature: /s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Issuer symbol: ZIP
Transactions as of: 15 Sep 2024
Net transactions value: -$119,531
Form type: 4
Filing time: 17 Sep 2024, 20:28:32 UTC
Previous filing: 18 Jun 2024
Next filing: 17 Dec 2024
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	Options Exercise	$0	+24,598	+9.5%	$0.000000	282,635	15 Sep 2024	Direct
transaction	ZIP	Class A Common Stock	Tax liability	$119,531	-12,197	-4.3%	$9.80	270,438	15 Sep 2024	Direct	F1

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	-6,250	-20%	$0.000000	25,000	15 Sep 2024	Class A Common Stock	6,250	$0.000000	Direct	F2, F3, F4
transaction	ZIP	Restricted Stock Units	Options Exercise	$0	-7,141	-10%	$0.000000	64,263	15 Sep 2024	Class A Common Stock	7,141	$0.000000	Direct	F2, F4, F5
transaction	ZIP	Restricted Stock Units	Options Exercise	$0	-11,207	-7.1%	$0.000000	145,679	15 Sep 2024	Class A Common Stock	11,207	$0.000000	Direct	F2, F4, F6

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

Explanation of Responses:

Id	Content
F1	Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F3	The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on December 15, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F4	RSUs do not expire; they either vest or are canceled prior to vesting date.
F5	The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6	The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2024 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.