Susan Daimler - 08 Aug 2022 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Signature
/s/ Shannon Cartales Attorney-in-Fact
Issuer symbol
ZG
Transactions as of
08 Aug 2022
Net transactions value
-$283,718
Form type
4
Filing time
10 Aug 2022, 17:26:39 UTC
Previous filing
29 Dec 2022
Next filing
19 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZG Class C Capital Stock Sale $131,198 -3,315 -16% $39.58 16,875 08 Aug 2022 Direct F1
transaction ZG Class C Capital Stock Sale $73,666 -1,853 -17% $39.76 9,375 08 Aug 2022 By Spouse
transaction ZG Class C Capital Stock Award $0 +35,951 +213% $0.000000 52,826 08 Aug 2022 Direct F2
transaction ZG Class C Capital Stock Award $0 +19,973 +213% $0.000000 29,348 08 Aug 2022 By Spouse F2
transaction ZG Class A Common Stock Sale $78,853 -2,000 -100% $39.43 0 08 Aug 2022 Direct 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) Disposed to Issuer -221,155 -100% 0 08 Aug 2022 Class C Capital Stock 221,155 $135.16 Direct F4, F5
transaction ZG Stock Option (right to buy) Award +221,155 221,155 08 Aug 2022 Class C Capital Stock 221,155 $38.78 Direct F4, F5
transaction ZG Stock Option (right to buy) Disposed to Issuer -110,575 -100% 0 08 Aug 2022 Class C Capital Stock 110,575 $135.16 By Spouse F4, F5
transaction ZG Stock Option (right to buy) Award +110,575 110,575 08 Aug 2022 Class C Capital Stock 110,575 $38.78 By Spouse F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.57 to $39.59. 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.
F2 Represents a grant of restricted stock units that will vest as to 1/8th 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.
F3 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.42 to $39.465. 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 subject to the option become exercisable at the first vesting date measured from March 5, 2021, and an additional 1/16th become exercisable on each issuer quarterly vesting date occurring thereafter until the option is fully vested.
F5 On August 8, 2022, the option originally granted to the reporting person on March 5, 2021, was amended to reduce the exercise price to $38.78 per share. All of the other terms of the option remain unchanged.