Lora Bartolome - Dec 15, 2024 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
Dec 15, 2024
Transactions value $
-$28,655
Form type
4
Date filed
12/17/2024, 08:42 PM
Previous filing
Sep 20, 2024
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIP Class A Common Stock Options Exercise $0 +1.59K +12.04% $0.00 14.8K Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +1.56K +10.54% $0.00 16.4K Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +1.58K +9.64% $0.00 18K Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +2.16K +12% $0.00 20.1K Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Tax liability -$28.7K -3.56K -17.7% $8.04 16.6K Dec 15, 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 -1.59K -33.33% $0.00 3.19K Dec 15, 2024 Class A Common Stock 1.59K $0.00 Direct F2, F3, F4
transaction ZIP Restricted Stock Units Options Exercise $0 -1.56K -20.01% $0.00 6.25K Dec 15, 2024 Class A Common Stock 1.56K $0.00 Direct F2, F4, F5
transaction ZIP Restricted Stock Units Options Exercise $0 -1.58K -11.11% $0.00 12.6K Dec 15, 2024 Class A Common Stock 1.58K $0.00 Direct F2, F4, F6
transaction ZIP Restricted Stock Units Options Exercise $0 -2.16K -7.7% $0.00 25.9K Dec 15, 2024 Class A Common Stock 2.16K $0.00 Direct F2, F4, F7
* 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 quarterly in nine substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on June 15, 2025, 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 quarterly in 11 substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on December 15, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6 The RSUs vest quarterly in 15 substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on December 15, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F7 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.