Form 4 for ZIP ZIPRECRUITER, INC.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001209191-23-038534 · 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 | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | C - Cnv Deriv | $0.00 | +2,626 | 17.5K | +18% | $0 |
| D | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | S - Sale+OE | $16.38 | -3,557 | 10.2K | -26% | -$58.3K |
| D | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | M - OptEx | $0.00 | +4,739 | 14.9K | +47% | $0 |
| D | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | F - Tax | $16.57 | -3,808 | 13.7K | -22% | -$63.1K |
| DM | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | M - OptEx | $0.00 | -4,739 | 6,562 | -42% | $0 |
| D | 2023-06-20 | 2023-06-15 | ZIP | Bartolome Lora | VP, Accounting, Ctrl | C - Cnv Deriv | $0.00 | -2,626 | 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 | 2023-06-15 | C | A | 2,626 | $0.00 | 17,529 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-06-15 | S | D | 3,557 | $16.38 | 10,164 | D | — | — | (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.18 to $16.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2023-06-15 | M | A | 4,739 | $0.00 | 14,903 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-06-15 | F | D | 3,808 | $16.57 | 13,721 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,313 | $0.00 | 2,625 | D | — · — to — | 1,313 Class B Common Stock | (F8) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F9) The restricted stock units ("RSUs") vest in three substantially equal increments on each of June 15, 2023, September 15, 2023 and December 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 6 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,594 | $0.00 | 12,750 | D | — · — to — | 1,594 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. (F6) 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. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 7 | Derivative | Class B Common Stock | 2023-06-15 | C | D | 2,626 | $0.00 | 0 | D | — · — to — | 2,626 Class A Common Stock | (F13) 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. |
| 8 | Derivative | Class B Common Stock | 2023-06-15 | M | A | 2,626 | $0.00 | 2,626 | D | — · — to — | 2,626 Class A Common Stock | (F13) 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. |
| 9 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,582 | $0.00 | 22,136 | D | — · — to — | 1,582 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. (F12) 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) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 10 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,563 | $0.00 | 15,625 | D | — · — to — | 1,563 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. (F11) 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. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 11 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,313 | $0.00 | 6,562 | D | — · — to — | 1,313 Class B Common | (F8) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F10) The RSUs vest quarterly in six substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on September 15, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |