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ZIPRECRUITER, INC. Director's Dealing 2021

May 29, 2021

32968_dirs_2021-05-28_ea9ee0bb-d903-4052-ac81-33ad30896927.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: 2021-05-26

Reporting Person: TRAVERS DAVID (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-26 Class A Common Stock C 248343 $0.00 Acquired 821437 Direct
2021-05-26 Class A Common Stock S 248343 $20.00 Disposed 573094 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-26 Restricted Stock Units $ M 11625 Disposed 2031-03-23 Class B Common Stock (11625) Direct
2021-05-26 Restricted Stock Units $ M 20000 Disposed 2031-03-23 Class B Common Stock (20000) Direct
2021-05-26 Restricted Stock Units $ M 33906 Disposed 2027-02-27 Class B Common Stock (33906) Direct
2021-05-26 Restricted Stock Units $ M 182812 Disposed 2026-02-13 Class B Common Stock (182812) Direct
2021-05-26 Class B Common Stock $ M 248343 Acquired Class A Common Stock (248343) Direct
2021-05-26 Class B Common Stock $ C 248343 Disposed Class A Common Stock (248343) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 3797829 Indirect
Class A Common Stock 842612 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: Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner.

F4: Represents shares held by Basepoint Ventures Opportunity II, LLC, of which the Reporting Person is a managing partner.

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: 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.

F7: The RSUs shall 100% vest upon the earliest to occur of (a) first trading day following the expiration of the lockup period applicable to the IPO of the Issuer's equity securities pursuant to an effective registration statement, (b) March 15 of the calendar year following the year in which an IPO occurs or (c) a change of control, provided that the Reporting Person remains an employee or provider of service to the Issuer at such time. The Issuer's Board of Directors has waived the foregoing vesting requirement such that the RSUs shall vest in full effective as of the earlier of (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022.

F8: 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.

F9: 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.