SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Harnett Samantha (Last) (First) (Middle) 2000 POWELL STREET SUITE 300 (Street) EMERYVILLE CA 94608 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/01/2009	3. Issuer Name and Ticker or Trading Symbol ZIPREALTY INC [ ZIPR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP, GC & Secretary	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	8,330(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	12/11/2008(2)	12/10/2017	Common Stock	6,000	$4.79	D
Stock Option (right to buy)	05/21/2009(3)	05/20/2018	Common Stock	30,000	$4.97	D
Stock Option (right to buy)	08/01/2009(4)	07/23/2016	Common Stock	2,500	$3.2	D
Stock Option (right to buy)	08/01/2009(4)	07/23/2016	Common Stock	2,500	$3.2	D
Stock Option (right to buy)	08/01/2009(4)	07/23/2016	Common Stock	12,000	$3.2	D

Explanation of Responses:

1. These shares include 6,062 shares of restricted stock, of which 3,750 shares will vest on February 12, 2010, and 1,156 shares will vest on each of January 1, 2010, and July 1, 2010, in each case with vesting subject to the employee remaining in a service relationship with the Company on such dates and also to change-of-control and other terms contained in agreements with the Company. Up to 3,424 shares may be sold by the employee between November 8, 2009 and January 10, 2010 pursuant to a Rule 10b5-1 trading plan.

2. One-fourth of the shares subject to the option vested and became exercisable on December 11, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.

3. One-fourth of the shares subject to the option vested and became exercisable on May 21, 2009, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.

4. The shares subject to the option vest at the rate of 1/36 per month on the first date of each month starting on August 1, 2009, until fully vested.

Remarks:

	/s/ Samantha Harnett	11/06/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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