$ Value
$15.9M
Shares
2,984,137
Price
$5
Filed
May 22
Insider
Name
Institutional Venture Management XIV, LLC / Institutional Venture Management XV, LLC
Title
—
CIK
0001550304
Roles
Transaction Details
Transaction Date
2025-05-20
Code
S
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
4,570,369
Footnotes
The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement by and among the Issuer, Institutional Venture Partners XV, L.P. ("IVP XV") and Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV EF") dated as of May 20, 2025. | The shares are held of record by IVP XV. Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. | The shares are held of record by IVP XV EF. IVM XV is the general partner of IVP XV EF. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV EF. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein. | The shares are held of record by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV LLC ("IVM XIV") is the general partner of IVP XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVP XIV. Each of IVM XIV and Messrs. Chaffee,Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XIV except to the extent of its or his respective pecuniary interest therein. | The shares are held of record or beneficially by IVM XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVM XIV. Each of Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XIV except to the extent of his respective pecuniary interest therein. | The shares are held of record or beneficially by IVM XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B.Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVM XV. Each of Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XV except to the extent of his respective pecuniary interest therein. | The shares are held of record by Somesh Dash. | The shares are held by a family trust, of which Mr. Fogelsong is the trustee. Mr. Fogelsong disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. | The shares are held by a family trust, of which Mr. Harrick is the trustee. Mr. Harrick disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. | The shares are held by a family trust, of which Mr. Liaw is the trustee. Mr. Liaw disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. | The shares are held by a family trust, of which Mr. Maltz is the trustee. Mr. Maltz disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. | The shares are held by a family trust, of which Mr. Miller is the trustee. Mr. Miller disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein. | The shares are held by a family trust, of which Mr. Phelps is the trustee. Mr. Phelps disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
Filing Info
Institutional Venture Management XIV, LLC / Institutional Venture Management XV, LLC's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-08-21 | ZIP | ▼ | $7.0M |
| 2025-08-21 | ZIP | ▼ | $37K |
| 2025-05-20 | ZIP | ▼ | $15.9M |
| 2025-05-20 | ZIP | ▼ | $84K |
Other Insiders at ZIP (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
SAKAMOTO RYAN T.
EVP, Chief Legal Officer
|
— | $12K | 2026-03-18 |
|
SHIMANOVSKY BORIS F.
EVP, Chief Technology Officer
|
— | — | 2026-03-15 |
|
SIEGEL IAN H.
CHIEF EXECUTIVE OFFICER
|
— | $733K | 2026-04-06 |
|
TRAVERS DAVID
President
|
— | — | 2026-02-28 |
|
TRAVERS DAVID
President and interim CFO
|
— | $60K | 2026-03-18 |
|
YARBROUGH TIMOTHY G.
EVP, Chief Financial Officer
|
— | $6K | 2026-02-05 |
|
Garefis Amy
EVP, Chief People Officer
|
— | $6K | 2026-03-18 |
| Saenz Jennifer | — | — | 2026-02-05 |
|
Bartolome Lora
SVP, ACCOUNTING & CONTROLLER
|
— | — | 2026-03-15 |