Bradley D. Owens - Aug 16, 2023 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role
General Counsel
Signature
/s/ Bradley D. Owens
Stock symbol
ZG
Transactions as of
Aug 16, 2023
Transactions value $
-$145,133
Form type
4
Date filed
8/18/2023, 05:13 PM
Previous filing
May 19, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZG Class C Capital Stock Sale -$49.3K -918 -3.42% $53.70 26K Aug 16, 2023 Direct F1, F2
transaction ZG Class C Capital Stock Sale -$2.33K -43 -0.17% $54.27 25.9K Aug 16, 2023 Direct F1, F3
transaction ZG Class C Capital Stock Sale -$93.5K -1.88K -7.24% $49.87 24K Aug 18, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares sold to cover tax withholding due upon vesting of restricted stock units.
F2 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.20 to $54.18. 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 $54.21 to $54.47. 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 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2022.