Filing Details

Accession Number:
0001209191-21-036696
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-28 20:04:31
Reporting Period:
2021-05-26
Accepted Time:
2021-05-28 20:04:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1617553 Ziprecruiter Inc. ZIP Services-Computer Programming, Data Processing, Etc. (7370) 272976158
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1861460 Amy Garefis 604 Arizona Ave
Santa Monica CA 90401
Principal Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-05-26 56,281 $0.00 156,281 No 4 C Direct
Class A Common Stock Disposition 2021-05-26 29,837 $20.00 126,444 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Disposition 2021-05-26 54,031 $0.00 54,031 $0.00
Class B Common Restricted Stock Units Disposition 2021-05-26 2,250 $0.00 2,250 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-05-26 56,281 $0.00 56,281 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-05-26 56,281 $0.00 56,281 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
69,469 2026-08-25 No 4 M Direct
33,750 2021-03-23 No 4 M Direct
56,281 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
  2. 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.
  3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
  4. Commencing on July 1, 2019, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied over four years, with 25% of the RSUs vesting on July 1, 2020, and 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control.
  5. [continuation of fn3] The Issuer's Board of Directors has waived the liquidity event requirement condition 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.
  6. Commencing on March 24, 2021, the RSUs shall vest upon satisfaction of two conditions while the recipient remains an employee or provider of services to the Issuer: (A) a time and service requirement satisfied as to 1/16 of the RSUs on each quarterly vesting date following the vesting commencement date; and (B) a liquidity event requirement satisfied on the earliest to occur of the first trading day following the expiration of the lockup period applicable to an IPO of the Issuer's equity securities pursuant to an effective registration statement, March 15 of the calendar year following the year in which an IPO occurs, or a change in control. The Issuer's Board of Directors has waived the liquidity event requirement condition 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.