0001209191-21-036706.txt : 20210528
0001209191-21-036706.hdr.sgml : 20210528
20210528201209
ACCESSION NUMBER: 0001209191-21-036706
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210526
FILED AS OF DATE: 20210528
DATE AS OF CHANGE: 20210528
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: YARBROUGH TIMOTHY G.
CENTRAL INDEX KEY: 0001859451
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40406
FILM NUMBER: 21982448
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
2021-05-26
0
0001617553
ZIPRECRUITER, INC.
ZIP
0001859451
YARBROUGH TIMOTHY G.
604 ARIZONA AVE
SANTA MONICA
CA
90401
0
1
0
0
Chief Business Officer
Class A Common Stock
2021-05-26
4
C
0
98062
0.00
A
98062
D
Class A Common Stock
2021-05-26
4
S
0
44551
20.00
D
53511
D
Class A Common Stock
310000
I
See footnote
Restricted Stock Units
2021-05-26
4
M
0
9000
D
2031-03-23
Class B Common Stock
9000
0
D
Restricted Stock Units
2021-05-26
4
M
0
67500
D
2026-02-13
Class B Common Stock
67500
52500
D
Restricted Stock Unit
2021-05-26
4
M
0
21562
D
2030-02-27
Class B Common Stock
21562
47438
D
Class B Common Stock
2021-05-26
4
M
0
98062
A
Class A Common Stock
98062
98062
D
Class B Common Stock
2021-05-26
4
C
0
98062
D
Class A Common Stock
98062
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.
These securities are held of record by the Yarbrough Family Trust, dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
The RSUs shall 100% vest upon the earliest to occur of (a) first trading day following the expiration of the lockup period applicable to the IPO of the Issuer's equity securities pursuant to an effective registration statement, (b) March 15 of the calendar year following the year in which an IPO occurs or (c) a change of control, provided that the Reporting Person remains an employee or provider of service to the Issuer at such time. The Issuer's Board of Directors has waived the foregoing vesting requirement such that the RSUs shall vest in full 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.
25% of the RSUs will vest on February 14, 2020, 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.
25% of the RSUs will vest 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.
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person
2021-05-28