0001209191-22-019924.txt : 20220317 0001209191-22-019924.hdr.sgml : 20220317 20220317215601 ACCESSION NUMBER: 0001209191-22-019924 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220315 FILED AS OF DATE: 20220317 DATE AS OF CHANGE: 20220317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SAIFEE QASIM CENTRAL INDEX KEY: 0001859379 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40406 FILM NUMBER: 22750937 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: 604 ARIZONA AVENUE CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: 877-252-1062 MAIL ADDRESS: STREET 1: 604 ARIZONA AVENUE CITY: SANTA MONICA STATE: CA ZIP: 90401 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-03-15 0 0001617553 ZIPRECRUITER, INC. ZIP 0001859379 SAIFEE QASIM 604 ARIZONA AVE SANTA MONICA CA 90401 0 1 0 0 Chief Operating Officer Class A Common Stock 2022-03-15 4 C 0 35843 0.00 A 364268 D Class A Common Stock 2022-03-15 4 F 0 23446 18.92 D 340822 D Restricted Stock Units 2022-03-15 4 M 0 6250 D Class B Common Stock 6250 87500 D Restricted Stock Units 2022-03-15 4 M 0 7093 D 2027-02-27 Class B Common Stock 7093 49657 D Restricted Stock Units 2022-03-15 4 M 0 9688 D 2031-03-23 Class B Common Stock 9688 106562 D Restricted Stock Units 2022-03-15 4 M 0 7812 D 2026-02-13 Class B Common Stock 7812 23438 D Restricted Stock Units 2022-03-15 4 M 0 5000 D 2026-06-04 Class B Common Stock 5000 20000 D Restricted Stock Units 2022-03-15 4 M 0 6250 D Class B Common Stock 6250 93750 D Class B Common Stock 2022-03-15 4 M 0 35843 A Class A Common 35843 35843 D Class B Common Stock 2022-03-15 4 C 0 35843 D Class A Common Stock 35843 0 D Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock. 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. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. The RSUs vest as to 1/16 of the total shares quarterly beginning on December 15, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. RSUs do not expire; they either vest or are canceled prior to vesting date. Commencing on January 1, 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. 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. 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. Commencing on May 7, 2020, 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. 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. 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. /s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person 2022-03-17