RYAN SAKAMOTO - 22 Jun 2021 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Signature
/s/ Ryan Sakamoto
Issuer symbol
ZIP
Transactions as of
22 Jun 2021
Net transactions value
-$45,080
Form type
4
Filing time
24 Jun 2021, 21:25:41 UTC
Previous filing
24 Jun 2021
Next filing
18 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIP Class A Common Stock Conversion of derivative security $0 +46,000 +22% $0.000000 251,889 22 Jun 2021 Direct F1, F2
holding ZIP Class A Common Stock 16,000 22 Jun 2021 See Footnote F3

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 Employee Stock Option (right to buy) Options Exercise $45,080 -46,000 -98% $0.9800* 1,000 22 Jun 2021 Class B Common Stock 46,000 $0.9800 Direct F4
transaction ZIP Class B Common Stock Options Exercise +46,000 +589% 53,811 22 Jun 2021 Class A Common Stock 46,000 Direct F2
transaction ZIP Class B Common Stock Conversion of derivative security -46,000 -85% 7,811 22 Jun 2021 Class A Common Stock 46,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
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 The reported shares are held by the Sakamoto Living Trust dated 1/5/15, of which the Reporting Person is trustee and beneficiary.
F4 The stock option is fully vested.