Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Class A Common Stock | Conversion of derivative security | +3.81M | 3.81M | Mar 10, 2025 | By Institutional Venture Partners XIV L.P. | F1, F2 | |||
transaction | ZIP | Class A Common Stock | Conversion of derivative security | +5.76M | +321.88% | 7.55M | Mar 10, 2025 | By Institutional Venture Partners XV, L.P. | F1, F3 | ||
transaction | ZIP | Class A Common Stock | Conversion of derivative security | +30.7K | +322.93% | 40.2K | Mar 10, 2025 | By Institutional Venture Partners XV Executive Fund, L.P. | F1, F4 | ||
holding | ZIP | Class A Common Stock | 10.5K | Mar 10, 2025 | By Institutional Venture Management XIV, LLC | F5 | |||||
holding | ZIP | Class A Common Stock | 4.25K | Mar 10, 2025 | By Institutional Venture Management XV, LLC | F6 | |||||
holding | ZIP | Class A Common Stock | 13.7K | Mar 10, 2025 | Direct | F7 | |||||
holding | ZIP | Class A Common Stock | 114K | Mar 10, 2025 | By Trust | F8 | |||||
holding | ZIP | Class A Common Stock | 16.3K | Mar 10, 2025 | By Trust | F8 | |||||
holding | ZIP | Class A Common Stock | 16.3K | Mar 10, 2025 | By Trust | F8 | |||||
holding | ZIP | Class A Common Stock | 16.3K | Mar 10, 2025 | By Trust | F8 | |||||
holding | ZIP | Class A Common Stock | 163K | Mar 10, 2025 | By Trust | F9 | |||||
holding | ZIP | Class A Common Stock | 13.7K | Mar 10, 2025 | By Trust | F10 | |||||
holding | ZIP | Class A Common Stock | 54.4K | Mar 10, 2025 | By Trust | F11 | |||||
holding | ZIP | Class A Common Stock | 5.81K | Mar 10, 2025 | By Trust | F12 | |||||
holding | ZIP | Class A Common Stock | 163K | Mar 10, 2025 | By Trust | F13 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Class B Common Stock | Conversion of derivative security | -3.81M | -100% | 0 | Mar 10, 2025 | Class A Common Stock | 3.81M | By Institutional Venture Partners XIV L.P. | F1, F2, F14 | |||
transaction | ZIP | Class B Common Stock | Conversion of derivative security | -5.76M | -100% | 0 | Mar 10, 2025 | Class A Common Stock | 5.76M | By Institutional Venture Partners XV, L.P. | F1, F3, F14 | |||
transaction | ZIP | Class B Common Stock | Conversion of derivative security | -30.7K | -100% | 0 | Mar 10, 2025 | Class A Common Stock | 30.7K | By Institutional Venture Partners XV Executive Fund, L.P. | F1, F4, F14 |
Id | Content |
---|---|
F1 | These shares of Class B common stock were converted on a one-for-one basis into Class A common stock for no additional consideration. |
F2 | The shares are held of record by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV LLC ("IVM XIV") 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, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVP XIV. Each of IVM XIV and Messrs. Chaffee,Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XIV except to the extent of its or his respective pecuniary interest therein. |
F3 | The shares are held of record by Institutional Venture Partners XV, L.P. ("IVP XV"). Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. |
F4 | The shares are held of record by Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV EF"). IVM XV is the general partner of IVP XV EF. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV EF. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. |
F5 | The shares are held of record or beneficially by IVM XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVM XIV. Each of Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XIV except to the extent of his respective pecuniary interest therein. |
F6 | The shares are held of record or beneficially by IVM XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B.Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVM XV. Each of Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XV except to the extent of his respective pecuniary interest therein. |
F7 | The shares are held of record by Somesh Dash. |
F8 | The shares are held by a family trust, of which Mr. Fogelsong is the trustee. Mr. Fogelsong disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F9 | The shares are held by a family trust, of which Mr. Harrick is the trustee. Mr. Harrick disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F10 | The shares are held by a family trust, of which Mr. Liaw is the trustee. Mr. Liaw disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F11 | The shares are held by a family trust, of which Mr. Maltz is the trustee. Mr. Maltz disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F12 | The shares are held by a family trust, of which Mr. Miller is the trustee. Mr. Miller disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F13 | The shares are held by a family trust, of which Mr. Phelps is the trustee. Mr. Phelps disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. |
F14 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder for no additional consideration and has no expiration date. |
This Form 4 is the first of two Forms 4 filed relating to the same event. Combined, the two reports report the holdings for the following Reporting Persons: Institutional Venture Management XIV, LLC, Institutional Venture Partners XIV L.P., Institutional Venture Management XV, LLC, Institutional Venture Partners XV, L.P., Institutional Venture Partners XV Executive Fund, L.P., Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz , J. Sanford Miller and Dennis B. Phelps, Jr. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.