Form 4 for ZIP ZIPRECRUITER, INC.
Accepted 2022-12-19 00:00:00 ET · period of report 2022-12-15 · accession 0001209191-22-062024 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-19 | 2022-12-15 | ZIP | Garefis Amy | CAO | C - Cnv Deriv | $0.00 | +9,969 | 162.9K | +7% | $0 |
| D | 2022-12-19 | 2022-12-15 | ZIP | Garefis Amy | CAO | M - OptEx | $0.00 | +6,250 | 152.9K | +4% | $0 |
| D | 2022-12-19 | 2022-12-15 | ZIP | Garefis Amy | CAO | F - Tax | $17.06 | -8,379 | 154.5K | -5% | -$142.9K |
| DM | 2022-12-19 | 2022-12-15 | ZIP | Garefis Amy | CAO | M - OptEx | $0.00 | -6,250 | 68.8K | -8% | $0 |
| D | 2022-12-19 | 2022-12-15 | ZIP | Garefis Amy | CAO | C - Cnv Deriv | $0.00 | -9,969 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-12-15 | C | A | 9,969 | $0.00 | 162,903 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-12-15 | M | A | 6,250 | $0.00 | 152,934 | D | — | — | |
| 3 | Common | Class A Common Stock | 2022-12-15 | F | D | 8,379 | $17.06 | 154,524 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2022-12-15 | M | D | 2,250 | $0.00 | 18,000 | D | — · — to — | 2,250 Class B Common | (F7) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F9) Commencing on March 24, 2021, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. (F6) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 5 | Derivative | Class B Common Stock | 2022-12-15 | M | A | 9,969 | $0.00 | 9,969 | D | — · — to — | 9,969 Class A Common Stock | (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. |
| 6 | Derivative | Class B Common Stock | 2022-12-15 | C | D | 9,969 | $0.00 | 0 | D | — · — to — | 9,969 Class A Common Stock | (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. |
| 7 | Derivative | Restricted Stock Units | 2022-12-15 | M | D | 7,719 | $0.00 | 15,438 | D | — · — to — | 7,719 Class B Common Stock | (F7) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F8) Commencing on July 1, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains a provider of services to the Issuer: (A) a time and service requirement satisfied over four years, with 25% of the RSUs vesting on July 1, 2020, and 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. (F6) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 8 | Derivative | Restricted Stock Units | 2022-12-15 | M | D | 6,250 | $0.00 | 68,750 | D | — · — to — | 6,250 Class A Common Stock | (F3) This RSU was granted by the Compensation Committee of the Issuer's Board of Directors on February 18, 2022. The grant date for this RSU was inadvertently reported as December 15, 2021 in a Form 4 filed on December 21, 2021. (F4) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. (F5) The RSUs vest 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. (F6) RSUs do not expire; they either vest or are canceled prior to vesting date. |