Form 4 for ZIP ZIPRECRUITER, INC.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001209191-23-038556 · 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 | TRAVERS DAVID | Pres | M - OptEx | $0.00 | +19.6K | 1.08M | +2% | $0 |
| D | 2023-06-20 | 2023-06-16 | ZIP | TRAVERS DAVID | Pres | S - Sale+OE | $16.42 | -11.5K | 1.06M | -1% | -$188.8K |
| D | 2023-06-20 | 2023-06-15 | ZIP | TRAVERS DAVID | Pres | F - Tax | $16.57 | -20.3K | 1.07M | -2% | -$336.0K |
| D | 2023-06-20 | 2023-06-15 | ZIP | TRAVERS DAVID | Pres | C - Cnv Deriv | $0.00 | +18.4K | 1.09M | +2% | $0 |
| DM | 2023-06-20 | 2023-06-15 | ZIP | TRAVERS DAVID | Pres | M - OptEx | — | -19.6K | 69.8K | -22% | — |
| D | 2023-06-20 | 2023-06-15 | ZIP | TRAVERS DAVID | Pres | C - Cnv Deriv | — | -18.4K | 0 | -100% | — |
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 | M | A | 19,597 | $0.00 | 1,075,083 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-06-16 | S | D | 11,501 | $16.42 | 1,061,712 | D | — | — | (F4) Represents the weighted average sale price. The lowest price at which shares were sold was $16.25 and the highest price at which shares were sold was $16.73. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. |
| 3 | Common | Class A Common Stock | 2023-06-15 | F | D | 20,276 | $16.57 | 1,073,213 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-06-15 | C | A | 18,406 | $0.00 | 1,093,489 | D | — | — | |
| 5 | Derivative | Class B Common Stock | 2023-06-15 | M | A | 18,406 | — | 18,406 | D | — · — to — | 18,406 Class A Common Stock | (F12) 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 | Restricted Stock Units | 2023-06-15 | M | D | 6,250 | — | 56,250 | D | — · — to — | 6,250 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 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. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 7 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 13,347 | — | 186,856 | D | — · — to — | 13,347 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. (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. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 8 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 6,781 | — | 13,563 | D | — · — to — | 6,781 Class B Common Stock | (F9) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F10) The RSUs vested as to 25% of the total shares on January 1, 2021, and then 6.25% of the total shares vest quarterly thereafter, 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. |
| 9 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 11,625 | — | 69,750 | D | — · — to — | 11,625 Class B Common Stock | (F9) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. (F11) 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. (F7) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 10 | Derivative | Class B Common Stock | 2023-06-15 | C | D | 18,406 | — | 0 | D | — · — to — | 18,406 Class A Common Stock | (F12) 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. |