AI assistant
ZIPRECRUITER, INC. — Director's Dealing 2021
Jun 25, 2021
32968_dirs_2021-06-24_a8e2b6f8-16fb-4fbf-b684-c4a602e53c20.zip
Director's Dealing
Open in viewerOpens in your device viewer
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.