Jennifer Rock - 03 Aug 2023 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role: Chief Accounting Officer
Signature: /s/ Brad Owens, Attorney-in-Fact
Issuer symbol: ZG
Transactions as of: 03 Aug 2023
Net transactions value: -$447,651
Form type: 4
Filing time: 07 Aug 2023, 17:38:42 UTC
Previous filing: 19 May 2023
Next filing: 18 Aug 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	Options Exercise	$164,184	+4,068	+4.9%	$40.36	86,866	03 Aug 2023	Direct
transaction	ZG	Class C Capital Stock	Sale	$222,886	-4,068	-4.7%	$54.79	82,798	03 Aug 2023	Direct
transaction	ZG	Class C Capital Stock	Sale	$388,950	-7,500	-9.1%	$51.86	75,298	03 Aug 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	ZG	Stock Option (right to buy)	Options Exercise	$0	-4,068	-100%	$0.000000^*	0	03 Aug 2023	Class C Capital Stock	4,068	$40.36	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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.