ZipRecruiter CTO granted RSUs and PSUs
SHIMANOVSKY BORIS F. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SHIMANOVSKY BORIS F. reported acquisition or exercise transactions in this Form 4 filing.
ZIPRECRUITER, INC. Executive Vice President and Chief Technology Officer Boris F. Shimanovsky reported equity awards in the form of restricted and performance-based stock units. He was granted 227,800 restricted stock units and 91,100 performance stock units, each representing a right to receive one share of Class A common stock upon vesting.
The restricted stock units vest quarterly as to 1/16 of the total shares beginning on March 15, 2026, so long as he continues serving the company on each vesting date. The performance stock units also vest in 1/16 quarterly installments from March 15, 2026, but only if specified stock price hurdles and service-based requirements are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 227,800 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 91,100 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2026 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F3. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. Each performance stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F5. Subject to the achievement of certain specified stock price hurdles and service-based vesting requirements, the performance stock units will vest quarterly as to 1/16 of the total number of shares beginning on March 15, 2026 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
What insider transaction did ZIP (ZipRecruiter) report for Boris F. Shimanovsky?
How many restricted stock units did the ZipRecruiter CTO receive in this Form 4?
What are the vesting terms for the ZipRecruiter RSUs granted to the CTO?
How many performance stock units did the ZipRecruiter CTO receive?
What conditions apply to the vesting of ZipRecruiter performance stock units?
Do the ZipRecruiter RSUs reported in this Form 4 have an expiration date?
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