0001209191-21-056796.txt : 20210917
0001209191-21-056796.hdr.sgml : 20210917
20210917214850
ACCESSION NUMBER: 0001209191-21-056796
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210915
FILED AS OF DATE: 20210917
DATE AS OF CHANGE: 20210917
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ZWELLING JEFFREY
CENTRAL INDEX KEY: 0001859452
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40406
FILM NUMBER: 211261932
MAIL ADDRESS:
STREET 1: 604 ARIZONA AVE
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ZIPRECRUITER, INC.
CENTRAL INDEX KEY: 0001617553
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 272976158
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1453 THIRD STREET PROMENADE, SUITE 335
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
BUSINESS PHONE: (310) 496-1311
MAIL ADDRESS:
STREET 1: 1453 THIRD STREET PROMENADE, SUITE 335
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-09-15
0
0001617553
ZIPRECRUITER, INC.
ZIP
0001859452
ZWELLING JEFFREY
604 ARIZONA AVE
SANTA MONICA
CA
90401
0
1
0
0
Chief Operating Officer
Class A Common Stock
2021-09-15
4
C
0
25438
0.00
A
112139
D
Class A Common Stock
2021-09-15
4
S
0
12773
25.94
D
99366
D
Class A Common Stock
1369419
I
See Footnote
Restricted Stock Units
2021-09-15
4
M
0
11250
D
2023-12-15
Class B Common Stock
11250
101250
D
Restricted Stock Units
2021-09-15
4
M
0
14188
D
2024-12-15
Class B Common Stock
14188
184437
D
Class B Common Stock
2021-09-15
4
M
0
25438
A
Class A Common Stock
25438
25438
D
Class B Common Stock
2021-09-15
4
C
0
25438
D
Class A Common Stock
25438
0
D
Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
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.
Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the restricted stock units ("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 and fees.
These shares are held of record by Zwelling Family LP. The Reporting Person is the general partner of Zwelling Family LP and may be deemed to have voting power and investment power over the securities held by Zwelling Family LP.
Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
25% of the total shares underlying the option vested on January 1, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.
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.
[continuation of fn7] The Issuer's Board of Directors has waived the Liquidity Event Requirement condition effective as of the earlier of (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022.
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
2021-09-17