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ZIPRECRUITER, INC. Director's Dealing 2021

Jun 25, 2021

32968_dirs_2021-06-24_a8e2b6f8-16fb-4fbf-b684-c4a602e53c20.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: 2021-06-15

Reporting Person: YARBROUGH TIMOTHY G. (Chief Business Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-15 Class A Common Stock C 11813 $0.00 Acquired 57976 Direct
2021-06-15 Class A Common Stock S 5969 $21.00 Disposed 52007 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-15 Restricted Stock Units $ M 7500 Disposed 2026-02-13 Class B Common Stock (7500) Direct
2021-06-15 Restricted Stock Unit $ M 4313 Disposed 2030-02-27 Class B Common Stock (4313) Direct
2021-06-15 Class B Common Stock $ M 11813 Acquired Class A Common Stock (11813) Direct
2021-06-15 Class B Common Stock $ C 11813 Disposed Class A Common Stock (11813) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 310000 Indirect

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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.70 to $21.00 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.

F4: These securities are held of record by the Yarbrough Family Trust, dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.

F5: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.

F6: 25% of the RSUs will vest on February 14, 2020, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F7: 25% of the RSUs will vest on January 1, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.