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ZIPRECRUITER, INC. Director's Dealing 2021

May 29, 2021

32968_dirs_2021-05-28_fd42b19e-8984-41ba-a557-c10bb036d7d0.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: SIEGEL IAN H. (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-26 Class A Common Stock C 40000 $0.00 Acquired 40000 Direct
2021-05-26 Class A Common Stock S 40000 $20.00 Disposed 0 Direct
2021-05-26 Class A Common Stock S 45000 $20.94 Disposed 1055000 Indirect
2021-05-26 Class A Common Stock S 20000 $20.00 Disposed 35626 Indirect
2021-05-26 Class A Common Stock S 40000 $20.00 Disposed 44426 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-26 Restricted Stock Units $ M 40000 Disposed 2031-03-23 Class B Common Stock (40000) Direct
2021-05-26 Class B Common Stock $ M 40000 Acquired Class A Common Stock (40000) Direct
2021-05-26 Class B Common Stock $ C 40000 Disposed Class A Common Stock (40000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 105532 Indirect
Class A Common Stock 42213 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (13029486) 13029486 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 are held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees.

F4: The Reporting Person has voting, but not dispositive, power over such shares and disclaims beneficial ownership of such shares.

F5: Represents shares held by The Siegel Community Property Trust, Dated April 27, 1995, As Amended, of which Michael Siegel and Sheila Siegel are co-trustees. The Reporting Person has voting, but not dispositive, power over such shares.

F6: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.

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.