Dan Spaulding - 07 Mar 2022 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role: Chief People Officer
Signature: /s/ Shannon Cartales, Attorney-in-Fact
Issuer symbol: ZG
Transactions as of: 07 Mar 2022
Net transactions value: +$793,120
Form type: 4
Filing time: 09 Mar 2022, 16:40:36 UTC
Previous filing: 18 Feb 2022
Next filing: 09 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZG	Class C Capital Stock	Award	$793,120	+16,000	+100%	$49.57	31,936	07 Mar 2022	Direct	F1

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)	Award	$0	+192,000		$0.000000	192,000	07 Mar 2022	Class C Capital Stock	192,000	$49.57	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units that will vest as to 1/4th of the total amount of shares subject to the grant on each of the issuer's quarterly vesting dates until the restricted stock units are fully vested.
F2	Date at which first vesting occurs is indicated. 1/16th of the total number of shares subject to the option become exercisable at the first vesting date and an additional 1/16th become exercisable on each issuer quarterly vesting date occurring thereafter until the option is fully vested.