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Filing Details

Accession Number:: 0001209191-11-004165
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-01-20 16:12:43
Reporting Period:: 2011-01-18

Filing Date:: 2011-01-20
Accepted Time:: 2011-01-20 16:12:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1142512	Ziprealty Inc	ZIPR	Real Estate Agents & Managers (For Others) (6531)	943319956

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1475223	Samantha Harnett	2000 Powell Street Suite 300 Emeryville CA 94608	Vp, Gc & Secretary	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-01-18	259	$2.83	6,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (right to buy)	$4.90	2011-03-04	2020-03-03	20,000	20,000	Direct
Common Stock	Stock Option (right to buy)	$4.97	2009-05-21	2018-05-20	30,000	30,000	Direct
Common Stock	Stock Option (right to buy)	$4.79	2008-12-11	2017-12-10	6,000	6,000	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	2,500	2,500	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	2,500	2,500	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	12,000	12,000	Direct
Common Stock	Stock Option (right to buy)	$3.80	2010-11-01	2019-10-31	30,000	30,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-03-03	20,000	20,000	Direct
2018-05-20	30,000	30,000	Direct
2017-12-10	6,000	6,000	Direct
2016-07-23	2,500	2,500	Direct
2016-07-23	2,500	2,500	Direct
2016-07-23	12,000	12,000	Direct
2019-10-31	30,000	30,000	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on or about August 4, 2010.
These shares include 6,000 shares of restricted stock granted on March 4, 2010, of which 3,000 shall vest on April 1, 2011,and 3,000 shall vest on April 1, 2012, in accordance with the terms of the related Restricted Stock Award Agreement. This vesting schedule is subject to the employee remaining in a service relationship with the Company on such dates and also to change-of-control terms contained in separate agreement(s).
One-fourth of the shares subject to the option shall vest and become exercisable on March 4, 2011, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
One-fourth of the shares subject to the option vested and became exercisable on May 21, 2009, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
One-fourth of the shares subject to the option vested and became exercisable on December 11, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
The shares subject to the option vest at the rate of 1/36 per month on the first date of each month starting on August 1, 2009, until fully vested.
One-fourth of the shares subject to the option vested and became exercisable on November 1, 2010, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.