Home > Insider Trading > Filing (0001209191-21-036704)

Filing Details

Accession Number:: 0001209191-21-036704
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-28 20:10:34
Reporting Period:: 2021-05-26

Accepted Time:: 2021-05-28 20:10:34
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
1859448	H. Ian Siegel	604 Arizona Ave Santa Monica CA 90401	Chief Executive Officer	Yes	Yes	Yes	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	40,000	$0.00	40,000	No	4	C	Direct
Class A Common Stock	Disposition	2021-05-26	40,000	$20.00	0	No	4	S	Direct
Class A Common Stock	Disposition	2021-05-26	45,000	$20.94	1,055,000	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2021-05-26	20,000	$20.00	35,626	No	4	S	Indirect	By Robert Eugene Tortorete
Class A Common Stock	Disposition	2021-05-26	40,000	$20.00	44,426	No	4	S	Indirect	By Ruth Tortorete

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct
No	4	S	Indirect	See Footnote
No	4	S	Indirect	By Robert Eugene Tortorete
No	4	S	Indirect	By Ruth Tortorete

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	40,000	$0.00	40,000	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-05-26	40,000	$0.00	40,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-05-26	40,000	$0.00	40,000	$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
40,000		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	105,532	Indirect	See Footnote
Class A Common Stock	42,213	Indirect	By Matthew Siegel

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			13,029,486	13,029,486	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	13,029,486	13,029,486	Indirect

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 are held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees.
The Reporting Person has voting, but not dispositive, power over such shares and disclaims beneficial ownership of such shares.
Represents shares held by The Siegel Community Property Trust, Dated April 27, 1995, As Amended, of which Michael Siegel and Sheila Siegel are co-trustees. The Reporting Person has voting, but not dispositive, power over such shares.
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.