Amy Garefis - Mar 15, 2025 Form 4 Insider Report for ZIPRECRUITER, INC. (ZIP)

Role
EVP, Chief People Officer
Signature
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
Stock symbol
ZIP
Transactions as of
Mar 15, 2025
Transactions value $
-$89,295
Form type
4
Date filed
3/18/2025, 08:11 PM
Previous filing
Mar 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIP Class A Common Stock Options Exercise $0 +6.25K +3.15% $0.00 205K Mar 15, 2025 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +5.24K +2.56% $0.00 210K Mar 15, 2025 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +1.34K +0.64% $0.00 211K Mar 15, 2025 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +4.55K +2.15% $0.00 216K Mar 15, 2025 Direct
transaction ZIP Class A Common Stock Options Exercise $0 +5.84K +2.7% $0.00 222K Mar 15, 2025 Direct
transaction ZIP Class A Common Stock Tax liability -$73.5K -12.3K -5.56% $5.96 210K Mar 15, 2025 Direct F1
transaction ZIP Class A Common Stock Sale -$15.8K -2.69K -1.27% $5.89 208K Mar 18, 2025 Direct F2, 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 Restricted Stock Units Options Exercise $0 -6.25K -33.33% $0.00 12.5K Mar 15, 2025 Class A Common Stock 6.25K $0.00 Direct F4, F5, F6
transaction ZIP Restricted Stock Units Options Exercise $0 -5.24K -12.5% $0.00 36.7K Mar 15, 2025 Class A Common Stock 5.24K $0.00 Direct F4, F6, F7
transaction ZIP Restricted Stock Units Options Exercise $0 -1.34K -14.29% $0.00 8.02K Mar 15, 2025 Class A Common Stock 1.34K $0.00 Direct F4, F6, F8
transaction ZIP Restricted Stock Units Options Exercise $0 -4.55K -8.33% $0.00 50.1K Mar 15, 2025 Class A Common Stock 4.55K $0.00 Direct F4, F6, F9
transaction ZIP Restricted Stock Units Options Exercise $0 -5.84K -6.25% $0.00 87.6K Mar 15, 2025 Class A Common Stock 5.84K $0.00 Direct F4, F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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.
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024.
F3 Includes 1,659 shares of Class A Common Stock acquired by the Reporting Person on February 14, 2025 pursuant to the Issuer's employee stock purchase plan.
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 March 15, 2022 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 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.
F8 The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, with the first two vesting tranches scheduled to settle on March 15, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date
F9 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.
F10 The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2025 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.