Andrew C. Florance - Feb 14, 2023 Form 4 Insider Report for COSTAR GROUP, INC. (CSGP)

Role
President and CEO, Director
Signature
/s/ Michael Rosenthall, Attorney-in-Fact
Stock symbol
CSGP
Transactions as of
Feb 14, 2023
Transactions value $
-$957,523
Form type
4
Date filed
2/16/2023, 06:42 PM
Previous filing
Sep 15, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSGP Common Stock, par value $0.01 per share Disposed to Issuer $0 -68.5K -8.75% $0.00 715K Feb 14, 2023 Direct F1
transaction CSGP Common Stock, par value $0.01 per share Award $0 +286K +39.99% $0.00 1M Feb 14, 2023 Direct F2
transaction CSGP Common Stock, par value $0.01 per share Tax liability -$958K -12.5K -1.25% $76.78 988K Feb 15, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSGP Option to Acquire Common Stock Award $0 +73.4K $0.00 73.4K Feb 14, 2023 Common Stock 73.4K $76.78 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares forfeited from February 6, 2020 performance restricted stock grant upon certification of actual achievement of the performance goal by the Compensation Committee.
F2 Includes a grant of 138,300 shares of restricted common stock that vest in three equal installments on February 15, 2024, February 15, 2025 and February 15, 2026, and a grant of 147,600 shares of restricted common stock that vest based upon CoStar Group, Inc.'s achievement of a three-year performance goal.
F3 The option vests in three equal installments on February 15, 2024, February 15, 2025, and February 15, 2026.