SAIFEE QASIM 4

Accession 0001415889-24-008651

CIK 0001617553other

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 7:28 PM ET

Size

24.0 KB

Accession

0001415889-24-008651

Insider Transaction Report

Form 4

Period: 2024-03-15

ZIPRECRUITER, INC.ZIP

SAIFEE QASIM

Chief Marketing Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2024-03-15−21,554→ 323,296 total
Exercise: $0.00→ Class A Common Stock (21,554 underlying)
Conversion
Class B Common Stock
2024-03-15−9,688→ 0 total
Exercise: $0.00→ Class A Common Stock (9,688 underlying)
Tax Payment
Class A Common Stock
2024-03-15$12.55/sh−27,441$344,385→ 430,581 total
Exercise/Conversion
Restricted Stock Units
2024-03-15−6,250→ 37,500 total
Exercise: $0.00→ Class A Common Stock (6,250 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−13,347→ 146,815 total
Exercise: $0.00→ Class A Common Stock (13,347 underlying)
Exercise/Conversion
Class B Common Stock
2024-03-15+9,688→ 9,688 total
Exercise: $0.00→ Class A Common Stock (9,688 underlying)
Exercise/Conversion
Class A Common Stock
2024-03-15+41,151→ 448,334 total
Exercise/Conversion
Restricted Stock Units
2024-03-15−9,688→ 29,062 total
Exercise: $0.00→ Class B Common Stock (9,688 underlying)
Conversion
Class A Common Stock
2024-03-15+9,688→ 458,022 total

Footnotes (11)

[F1]Includes 1,048 shares of Class A common stock acquired by the Reporting Person on February 14, 2024 pursuant to the Issuer's employee stock purchase plan.
[F10]The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2024 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
[F11]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.
[F2]Represents the conversion of Class B Common Stock into Class A Common Stock.
[F3]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.
[F4]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
[F5]The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on December 15, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
[F6]RSUs do not expire; they either vest or are canceled prior to vesting date.
[F7]Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
[F8]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.
[F9]The RSUs vest and are scheduled to settle as of 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.

Documents

1 file

4
form4-03192024_110332.xmlPrimary

Issuer

ZIPRECRUITER, INC.

CIK 0001617553

→

Entity typeother

Related Parties

filerCIK 0001859379

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 7:28 PM ET
Size: 24.0 KB

View on SEC.gov