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Filing Details

Accession Number:: 0001209191-21-036706
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-28 20:12:09
Reporting Period:: 2021-05-26

Accepted Time:: 2021-05-28 20:12:09
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
1859451	G. Timothy Yarbrough	604 Arizona Ave Santa Monica CA 90401	Chief Business Officer	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
Class A Common Stock	Acquisiton	2021-05-26	98,062	$0.00	98,062	No	4	C	Direct
Class A Common Stock	Disposition	2021-05-26	44,551	$20.00	53,511	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	9,000	$0.00	9,000	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2021-05-26	67,500	$0.00	67,500	$0.00
Class B Common Stock	Restricted Stock Unit	Disposition	2021-05-26	21,562	$0.00	21,562	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-05-26	98,062	$0.00	98,062	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-05-26	98,062	$0.00	98,062	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2031-03-23	No	4	M	Direct
52,500	2026-02-13	No	4	M	Direct
47,438	2030-02-27	No	4	M	Direct
98,062		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	310,000	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.
These securities are held of record by the Yarbrough Family Trust, dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.
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 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.
25% of the RSUs will vest on February 14, 2020, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.
25% of the RSUs will vest on January 1, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.