Filing Details

Accession Number:
0001209191-23-049973
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-19 16:46:17
Reporting Period:
2023-09-15
Accepted Time:
2023-09-19 16:46:17
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
President 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 2023-09-15 19,597 $0.00 1,082,362 No 4 M Direct
Class A Common Stock Acquisiton 2023-09-15 18,406 $0.00 1,100,768 No 4 C Direct
Class A Common Stock Disposition 2023-09-15 20,276 $15.15 1,080,492 No 4 F Direct
Class A Common Stock Disposition 2023-09-18 11,501 $14.94 1,068,991 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 C Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2023-09-15 6,250 $0.00 6,250 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-09-15 13,347 $0.00 13,347 $0.00
Class B Common Stock Restricted Stock Units Disposition 2023-09-15 6,781 $0.00 6,781 $0.00
Class B Common Stock Restricted Stock Units Disposition 2023-09-15 11,625 $0.00 11,625 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2023-09-15 18,406 $0.00 18,406 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-09-15 18,406 $0.00 18,406 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,000 No 4 M Direct
173,509 No 4 M Direct
6,782 No 4 M Direct
58,125 No 4 M Direct
18,406 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Includes 1,053 shares of Class A Common Stock acquired by the Reporting Person on August 14, 2023 pursuant to the Issuer's employee stock purchase plan.
  2. Represents the conversion of Class B Common Stock into Class A Common Stock.
  3. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
  4. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $14.80 and the highest price at which shares were sold was $15.01. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
  6. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
  7. The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on March 15, 2022 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
  8. RSUs do not expire; they either vest or are canceled prior to vesting date.
  9. The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
  10. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
  11. 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.
  12. The RSUs vest and are scheduled to settle 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.
  13. 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.