David A. Beitel - Aug 5, 2021 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role
Chief Technology Officer
Signature
/s/ Brad Owens, Attorney-in-Fact
Stock symbol
ZG
Transactions as of
Aug 5, 2021
Transactions value $
-$375,394
Form type
4
Date filed
8/9/2021, 05:32 PM
Previous filing
Jul 2, 2021
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZG Class C Capital Stock Options Exercise $177K +5K +10.13% $35.48 54.4K Aug 5, 2021 Direct
transaction ZG Class C Capital Stock Sale -$405K -3.67K -6.75% $110.35 50.7K Aug 5, 2021 Direct F1, F2
transaction ZG Class C Capital Stock Sale -$148K -1.33K -2.62% $111.13 49.4K Aug 5, 2021 Direct F1, F3

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 ZG Stock Option (right to buy) Options Exercise $0 -5K -8.7% $0.00 52.5K Aug 5, 2021 Class C Capital Stock 5K $35.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2021.
F2 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $110.01 to $111.01. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $111.02 to $111.3050. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
F4 Date at which first vesting occurs is indicated. 1/16th of the total number of shares originally subject to the option becomes vested at the 1st vesting date and an additional 1/192 shall vest each month thereafter over the next 3 years; an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 1-year anniversary of the 1st vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years; an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 2-year anniversary of the 1st vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years; and an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 3-year anniversary of the 1st vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years until the option is fully vested.