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ZIPRECRUITER, INC. — Director's Dealing 2021
Sep 18, 2021
32968_dirs_2021-09-17_7fc57f80-ba8f-4248-9764-2dbb569ab9f2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ZIPRECRUITER, INC. (ZIP)
CIK: 0001617553
Period of Report: 2021-09-15
Reporting Person: TRAVERS DAVID (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-15 | Class A Common Stock | C | 38718 | $0.00 | Acquired | 963091 | Direct |
| 2021-09-15 | Class A Common Stock | S | 20526 | $25.94 | Disposed | 942565 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-15 | Restricted Stock Units | $ | M | 20312 | Disposed | 2026-02-13 | Class B Common Stock (20312) | Direct |
| 2021-09-15 | Restricted Stock Units | $ | M | 6781 | Disposed | 2027-02-27 | Class B Common Stock (6781) | Direct |
| 2021-09-15 | Restricted Stock Units | $ | M | 11625 | Disposed | 2031-03-23 | Class B Common Stock (11625) | Direct |
| 2021-09-15 | Class B Common Stock | $ | M | 38718 | Acquired | Class A Common Stock (38718) | Direct | |
| 2021-09-15 | Class B Common Stock | $ | C | 38718 | Disposed | Class A Common Stock (38718) | Direct |
Footnotes
F1: Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
F2: 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.
F3: Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F4: Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F5: The RSUs vested as to 25% of the total shares on April 1, 2020, 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.
F6: 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: The RSUs vest 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.