Eric Liaw - 14 May 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
Director
Signature
/s/ Eric Liaw
Issuer symbol
ZIP
Transactions as of
14 May 2021
Transactions value $
$0
Form type
4
Filing time
18 May 2021, 20:52:21 UTC
Previous filing
07 May 2021
Next filing
19 May 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZIP Series A Preferred Stock Conversion of derivative security $0 -1,496,266 -100% $0* 0 14 May 2021 Class B Common Stock 11,970,128 See footnote F1, F2, F3
transaction ZIP Class B Common Stock Conversion of derivative security $0 +11,970,128 +5.16% $0 14,287,862 14 May 2021 Class A Common Stock 11,970,128 See footnote F2, F3
transaction ZIP Series B Preferred Stock Conversion of derivative security $0 -2,693,459 -100% $0* 0 14 May 2021 Class B Common Stock 2,693,459 See footnote F2, F4, F5
transaction ZIP Class B Common Stock Conversion of derivative security $0 +2,693,459 +60.6% $0 7,137,900 14 May 2021 Class A Common Stock 2,693,459 See footnote F2, F5
transaction ZIP Series B Preferred Stock Conversion of derivative security $0 -14,329 -100% $0* 0 14 May 2021 Class B Common Stock 14,329 See footnote F2, F4, F6
transaction ZIP Class B Common Stock Conversion of derivative security $0 +14,329 +60.6% $0 37,974 14 May 2021 Class A Common Stock 14,329 See footnote F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Series A Preferred Stock automatically converted into Class B Common Stock on a one-for-eight basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date.
F2 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.
F3 Represents securities held by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV, LLC is the general partner of IVP XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XIV, LLC and share voting and dispositive power over the shares held by IVP XIV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
F4 Each share of the Series B Preferred Stock automatically converted into Class B Common Stock on a one-for-one basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date.
F5 Represents securities held by Institutional Venture Partners XV, L.P. ("IVP XV"). Institutional Venture Management XV, LLC is the general partner of IVP XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, the Reporting Person, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XV, LLC and share voting and dispositive power over the shares held by IVP XV. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
F6 Represents securities held by Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV Executive Fund"). Institutional Venture Management XV, LLC is the general partner of IVP XV Executive Fund. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, the Reporting Person, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps are the managing directors of Institutional Venture Management XV, LLC and share voting and dispositive power over the shares held by IVP XV Executive Fund. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.