Sec Form 13G Filing - Institutional Venture Partners XIV L.P. filing for ZIPRECRUITER INC. (ZIP) - 2024-02-13

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G
(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2

(Amendment No. 2)

 

ZipRecruiter, Inc.

(Name of Issuer)

 

Class A common stock, $0.00001 par value per share

(Title of Class of Securities)

 

98980B 10 3

(CUSIP Number)

 

December 31, 2023

(Date of Event Which Requires Filing of This Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨       Rule 13d-1(b)

 

¨      Rule 13d-1(c)

 

x     Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS.

Institutional Venture Partners XIV, L.P.
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
3,809,348 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
3,809,348 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,809,348 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

4.8% of Class A Common Stock (3.9% of Total Common Stock) (3) 

12 TYPE OF REPORTING PERSON*
PN
             < /td>  

    

(1)This Schedule 13G is filed by Institutional Venture Partners XIV, L.P. (“IVP XIV”), Institutional Venture Management XIV, LLC (“IVM XIV”), Institutional Venture Partners XV, L.P. (“IVP XV”), Institutional Venture Partners XV Executive Fund, L.P. (“IVP XV EF”), Institutional Venture Management XV, LLC (“IVM XV”), Todd C. Chaffee (“Chaffee”), Norman A. Fogelsong (“Fogelsong”), Stephen J. Harrick (“Harrick”), J. Sanford Miller (“Miller”), Dennis B. Phelps (“Phelps”), Eric Liaw (“Liaw”), Somesh Dash (“Dash”) and Jules A. Maltz (“Maltz” and, collectively, with IVP XIV, IVM XIV, IVP XV, IVP XV EF, IVM XV, Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw and Dash, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of 3,809,348 shares of Class B Common Stock held directly by IVP XIV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. Chaffee, Fogelsong, Harrick, Miller, Phelps and Maltz are Managing Directors of IVM XIV (collectively, the “IVM XIV Managing Directors”) and share voting and dispositive power over the shares held by IVP XIV, and may be deemed to own beneficially the shares held by IVP XIV.

  

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

1

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Institutional Venture Management XIV, LLC
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
3,813,596 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
3,813,596 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,813,596 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

4.8% of Class A Common Stock (3.9% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
OO
               

  

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of 3,809,348 shares of Class B Common Stock held by IVP XIV and 4,248 shares of Class A Common Stock held by IVM XIV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

  

2

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS.

Institutional Venture Partners XV, L.P.
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
7,548,295 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
7,548,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,548,295 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

9.2% of Class A Common Stock (7.6% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
PN
               

  

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held directly by IVP XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XV serves as the sole general partner of IVP XV and has shared voting and investment control over the shares owned by IVP XV and may be deemed to own beneficially the shares held by IVP XV. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz (collectively, the “IVM XV Managing Directors”) are Managing Directors of IVM XV and share voting and dispositive power over the shares held by IVP XV, and may be deemed to own beneficially the shares held by IVP XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

  

3

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS.

Institutional Venture Partners XV Executive Fund, L.P.
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
40,157 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
40,157 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,157 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

0.1% of Class A Common Stock (0.0% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
PN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held directly by IVP XV EF. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XV serves as the sole general partner of IVP XV EF and has shared voting and investment control over the shares owned by IVP XV EF and may be deemed to own beneficially the shares held by IVP XV EF. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP XV EF, and may be deemed to own beneficially the shares held by IVP XV EF.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

4

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Institutional Venture Management XV, LLC
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
7,592,699 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
7,592,699 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,592,699 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

9.3% of Class A Common Stock (7.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
OO
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of: (i) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV, (ii) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF, and (iii) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP XV, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

5

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Todd C. Chaffee
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
0 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,406,295 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.3% of Class A Common Stock (11.5% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii) 4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

6

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Norman A. Fogelsong
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
163,114 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
163,114 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,569,409 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.5% of Class A Common Stock (11.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

  

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii) 4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

7

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Stephen J. Harrick
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
163,114 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
163,114 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,569,409 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.5% of Class A Common Stock (11.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii) 4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

  

8

 

 

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

J. Sanford Miller
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
5,811 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
5,811 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,412,106 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.3% of Class A Common Stock (11.5% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii)&# xA0;4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

9

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Dennis B. Phelps
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
163,114 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
163,114 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,569,409 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.5% of Class A Common Stock (11.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii) 4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and disposi tive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

10

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Eric Liaw
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
13,682 shares
  6 SHARED VOTING POWER
7,592,699 shares (2)
  7 SOLE DISPOSITIVE POWER
13,682 shares
  8 SHARED DISPOSITIVE POWER
7,592,699 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,606,381 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

9.3% of Class A Common Stock (7.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (ii) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (iii) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

  

11

 

  

CUSIP NO.  989 80B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Somesh Dash
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
13,682 shares
  6 SHARED VOTING POWER
7,592,699 shares (2)
  7 SOLE DISPOSITIVE POWER
13,682 shares
  8 SHARED DISPOSITIVE POWER
7,592,699 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,606,381 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

9.3% of Class A Common Stock (7.7% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (ii) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (iii) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

12

 

  

CUSIP NO.  98980B 10 3 13 G  
           
1 NAMES OF REPORTING PERSONS

Jules A. Maltz
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨   (b) x (1)

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
54,369 shares
  6 SHARED VOTING POWER
11,406,295 shares (2)
  7 SOLE DISPOSITIVE POWER
54,369 shares
  8 SHARED DISPOSITIVE POWER
11,406,295 shares (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,460,664 shares (2)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 

 

13.4% of Class A Common Stock (11.6% of Total Common Stock) (3)

12 TYPE OF REPORTING PERSON*
IN
               

 

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Includes (i) 3,809,348 shares of Class B Common Stock held by IVP XIV; (ii) 4,248 shares of Class A Common Stock held by IVM XIV; (iii) 1,784,475 shares of Class A Common Stock and 5,763,820 shares of Class B Common Stock held by IVP XV; (iv) 9,495 shares of Class A Common Stock and 30,662 shares of Class B Common Stock held by IVP XV EF; and (v) 4,247 shares of Class A Common Stock held by IVM XV. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis. IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

13

 

 

Introductory Note: This statement on Schedule 13G is filed by the Reporting Persons with the Commission in respect of shares of Class A common stock, $0.00001 par value per share (the “Class A Common Stock”) of ZipRecruiter, Inc., a Delaware corporation (the “Issuer”).

 

Item1

 

(a)Name of Issuer: ZipRecruiter, Inc.

 

(b)Address of Issuer’s Principal Executive Offices:

 

604 Arizona Avenue  
Santa Monica, California 90401

 

Item2

 

(a)Name of Reporting Persons Filing:

 

1.Institutional Venture Partners XIV, L.P. (“IVP XIV”)

2.Institutional Venture Management XIV, LLC (“IVM XIV”)

3.Institutional Venture Partners XV, L.P. (“IVP XV”)

4.Institutional Venture Partners XV Executive Fund, L.P. (“IVP XV EF”)

5.Institutional Venture Management XV, LLC (“IVM XV”)

6.Todd C. Chaffee (“Chaffee”)

7.Norman A. Fogelsong (“Fogelsong”)

8.Stephen J. Harrick (“Harrick”)

9.J. Sanford Miller (“Miller”)

 10.Dennis B. Phelps (“Phelps”)

 11.Eric Liaw (“Liaw”)

12.Somesh Dash (“Dash”)

13.Jules A. Maltz (“Maltz”)

 

(b)Address of Principal Business Office:

c/o Institutional Venture Partners

3000 Sand Hill Road, Building 2, Suite 250

Menlo Park, California 94025

  

(c)Citizenship:

 

IVP XIV Delaware
IVM XIV Delaware
IVP XV Delaware
IVP XV EF Delaware
IVM XV Delaware
Chaffee United States of America
Fogelsong United States of America
Harrick United States of America
Miller United States of America
Phelps United States of America
Liaw United States of America
Dash United States of America
Maltz United States of America

 

(d)Title of Class of Securities: Class A common stock

 

14

 

 

(e)CUSIP Number: 98980B 10 3

 

Item 3Not applicable.

 

Item 4Ownership.

 

The following information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2023:

 

Reporting Persons   Class A
Common
Stock Held
Directly (1)
    Class B
Common
Stock Held
Directly (1)
    Shared
Voting
Power (1)
    Shared
Dispositive
Power (1)
    Beneficial
Ownership (1)
    Percentage of
Total Common
Stock (3)
    Percentage of
Class A Common
Stock (3)
 
IVP XIV (2)       3,809,348      3,809,348      3,809,348      3,809,348      3.9  %   4,8  %
IVM XIV (2)   4,248          3,813,596      3,813,596      3,813,596      3.9  %   4.8  %
IVP XV (2)   1,784,475      5,763,820      7,548,295      7,548,295      7,548,295      7.6  %   9.2  %
IVP XV EF (2)     9,495       30,662       40,157       40,157       40,157     0.0  %   0.1  %
IVM XV (2)     4,247       0       7,592,699       7,592,699       7,592,699     7.7  %   9.3  %
Chaffee (2)     0       0       11,406,295       11,406,295       11,406,295     11.5  %   13.3  %
Fogelsong (2)     163,114       0       11,406,295       11,406,295       11,569,409     11.7  %   13.5  %
Harrick (2)     163,114       0       11,406,295       11,406,295       11,569,409     11.7  %   13.5  %
Miller (2)     5,811       0       11,406,295       11,406,295       11,412,106     11.5  %   13.3  %
Phelps (2)     163,114       0       11,406,295       11,406,295       11,569,409     11.7  %   13.5  %
Liaw (2)     13,682       0       7,592,699       7,592,699       7,606,381     7.7  %   9.3  %
Dash (2)     13,682       0       7,592,699       7,592,699       7,606,381     7.7  %   9.3  %
Maltz (2)     54,369       0       11,406,295       11,406,295       11,460,664     13.4  %   11.6  %

 

(1)Represents shares of Class A Common Stock and Class B Common Stock, as applicable, held directly by the Reporting Persons. Each share of Class B Common Stock is convertible into Class A Common Stock at the option of the holder on a share-for-share basis.

 

(2)IVM XIV serves as the sole general partner of IVP XIV and has shared voting and investment control over the shares owned by IVP XIV and may be deemed to own beneficially the shares held by IVP XIV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. The IVM XIV Managing Directors share voting and dispositive power over the shares held by IVP XIV and IVM XIV, and may be deemed to own beneficially the shares held by IVP XIV and IVM XIV. The IVM XV Managing Directors share voting and dispositive power over the shares held by IVP VX, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentages are based on 76,199,866 shares of Class A Common Stock and 22,633,316 shares of Class B Common Stock reported to be outstanding as of November 1, 2023, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as filed with the Securities and Exchange Commission on November 8, 2023. In the case of the percentage of Class A Common Stock beneficially owned by the Reporting Person, the shares of Class B Common Stock held by the Reporting Person only are treated as converted into Class A Common Stock.

 

15

 

 

Item 5Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

Item 6Ownership of More Than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not applicable.

 

Item 8Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9Notice of Dissolution of Group.

 

Not applicable.

 

Item 10Certification.

 

Not applicable.

 

16

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in the attached statement on Schedule 13G is true, complete and correct.

 

Dated: February 13, 2024  
   
INSTITUTIONAL VENTURE PARTNERS XIV, L.P.  
By: Institutional Venture Management XIV, LLC   
Its: General Partner  
   
By: /s/ Tracy Hogan
Tracy Hogan, Attorney-in-Fact  
   
INSTITUTIONAL VENTURE MANAGEMENT XIV, LLC  
   
By: /s/ Tracy Hogan
Tracy Hogan, Attorney-in-Fact  
   
INSTITUTIONAL VENTURE PARTNERS XV, L.P.  
INSTITUTIONAL VENTURE PARTNERS XV EXECUTIVE FUND, L.P.  
By: Institutional Venture Management XV, LLC  
Its: General Partner  
   
By: /s/ Tracy Hogan
Tracy Hogan, Attorney-in-Fact  
   
INSTITUTIONAL VENTURE MANAGEMENT XV, LLC  
   
By: /s/ Tracy Hogan
Tracy Hogan, Attorney-in-Fact  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Todd C. Chaffee  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Norman A. Fogelsong  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Stephen J. Harrick  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for J. Sanford Miller  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Dennis B. Phelps  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Eric Liaw  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Somesh Dash  
   
/s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Jules A. Maltz  

 

Exhibit(s):

 

A:     Joint Filing Statement

 

17