AI assistant
ZIPRECRUITER, INC. — Director's Dealing 2024
Sep 18, 2024
32968_dirs_2024-09-17_a6388f15-3d9a-42a7-9e66-9970e821c9e5.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: 2024-09-15
Reporting Person: Bartolome Lora (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-15 | Class A Common Stock | M | 6893 | — | Acquired | 19087 | Direct |
| 2024-09-15 | Class A Common Stock | C | 1312 | — | Acquired | 20399 | Direct |
| 2024-09-15 | Class A Common Stock | F | 4240 | $9.80 | Disposed | 16159 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-15 | Restricted Stock Units | $0 | M | 1593 | Disposed | Class A Common Stock (1593) | Direct | |
| 2024-09-15 | Restricted Stock Units | $0 | M | 1312 | Disposed | Class B Common Stock (1312) | Direct | |
| 2024-09-15 | Restricted Stock Units | $0 | M | 1562 | Disposed | Class A Common Stock (1562) | Direct | |
| 2024-09-15 | Restricted Stock Units | $0 | M | 1581 | Disposed | Class A Common Stock (1581) | Direct | |
| 2024-09-15 | Restricted Stock Units | $0 | M | 2157 | Disposed | Class A Common Stock (2157) | Direct | |
| 2024-09-15 | Class B Common Stock | $0 | M | 1312 | Acquired | Class A Common Stock (1312) | Direct | |
| 2024-09-15 | Class B Common Stock | $0 | C | 1312 | Disposed | Class A Common Stock (1313) | Direct |
Footnotes
F1: Represents the conversion of Class B Common Stock into Class A Common Stock.
F2: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F3: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F4: The RSUs vest quarterly in nine substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on June 15, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F5: RSUs do not expire; they either vest or are canceled prior to vesting date.
F6: Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F7: The RSUs vest quarterly in six substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on September 15, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F8: The RSUs vest quarterly in 11 substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on December 15, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F9: The RSUs vest quarterly in 15 substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on December 15, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F10: The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2024 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F11: 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.