David Travers - Dec 15, 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
Dec 15, 2024
Transactions value $
-$222,684
Form type
4
Date filed
12/17/2024, 08:47 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 Conversion of derivative security $0 +11.6K +1.05% $0.00 1.12M Dec 15, 2024 Direct F1
transaction ZIP Class A Common Stock Options Exercise $0 +6.25K +0.56% $0.00 1.12M Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +13.3K +1.19% $0.00 1.14M Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +20.7K +1.82% $0.00 1.16M Dec 15, 2024 Direct
transaction ZIP Class A Common Stock Tax liability -$223K -27.7K -2.39% $8.04 1.13M Dec 15, 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 Restricted Stock Units Options Exercise $0 -11.6K -100% $0.00 0 Dec 15, 2024 Class B Common Stock 11.6K $0.00 Direct F3, F4, F5
transaction ZIP Restricted Stock Units Options Exercise $0 -6.25K -25% $0.00 18.8K Dec 15, 2024 Class A Common Stock 6.25K $0.00 Direct F5, F6, F7
transaction ZIP Restricted Stock Units Options Exercise $0 -13.3K -11.11% $0.00 107K Dec 15, 2024 Class A Common Stock 13.3K $0.00 Direct F5, F6, F8
transaction ZIP Restricted Stock Units Options Exercise $0 -20.7K -7.69% $0.00 248K Dec 15, 2024 Class A Common Stock 20.7K $0.00 Direct F5, F6, F9
transaction ZIP Class B Common Stock Options Exercise $0 +11.6K $0.00 11.6K Dec 15, 2024 Class A Common Stock 11.6K $0.00 Direct F10
transaction ZIP Class B Common Stock Conversion of derivative security $0 -11.6K -100% $0.00 0 Dec 15, 2024 Class A Common Stock 11.6K $0.00 Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock.
F2 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.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F4 The RSUs vest and are scheduled to settle as of 1/16 of the total shares quarterly beginning on January 1, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F5 RSUs do not expire; they either vest or are canceled prior to vesting date.
F6 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F7 The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on March 15, 2022 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F8 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.
F9 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.
F10 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.