Home > Insider Trading > Filing (0001209191-21-036705)

Filing Details

Accession Number:: 0001209191-21-036705
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-28 20:11:30
Reporting Period:: 2021-05-26

Accepted Time:: 2021-05-28 20:11:30
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
1859449	David Travers	604 Arizona Ave Santa Monica CA 90401	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

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	248,343	$0.00	821,437	No	4	C	Direct
Class A Common Stock	Disposition	2021-05-26	248,343	$20.00	573,094	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

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	11,625	$0.00	11,625	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	20,000	$0.00	20,000	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	33,906	$0.00	33,906	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	182,812	$0.00	182,812	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-05-26	248,343	$0.00	248,343	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-05-26	248,343	$0.00	248,343	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
174,375	2031-03-23	No	4	M	Direct
0	2031-03-23	No	4	M	Direct
74,594	2027-02-27	No	4	M	Direct
142,188	2026-02-13	No	4	M	Direct
248,343		No	4	M	Direct
0		No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	3,797,829	Indirect	See footnote
Class A Common Stock	842,612	Indirect	See footnote

Footnotes

Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
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.
Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner.
Represents shares held by Basepoint Ventures Opportunity II, LLC, of which the Reporting Person is a managing partner.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
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.
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.
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.
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.