Susan Daimler - 07 Mar 2023 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role: President of Zillow
Signature: /s/ Shannon Cartales Attorney-in-Fact
Issuer symbol: ZG
Transactions as of: 07 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Mar 2023, 16:25:38 UTC
Previous filing: 16 Feb 2023
Next filing: 19 May 2023
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	$0	+47,500	+167%	$0.000000	75,986	07 Mar 2023	Direct	F1
transaction	ZG	Class C Capital Stock	Award	$0	+32,500	+206%	$0.000000	48,262	07 Mar 2023	By Spouse	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	+142,500		$0.000000	142,500	07 Mar 2023	Class C Capital Stock	142,500	$41.75	Direct	F2
transaction	ZG	Stock Option (right to buy)	Award	$0	+97,500		$0.000000	97,500	07 Mar 2023	Class C Capital Stock	97,500	$41.75	By Spouse	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 1/12th 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. 1/12th of the total number of shares subject to the option become exercisable at the first vesting date and an additional 1/12th become exercisable on each issuer quarterly vesting date occurring thereafter until the option is fully vested.