Amy Bohutinsky - 18 Sep 2024 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role
Director
Signature
/s/ Shannon Cartales Attorney-in-Fact
Issuer symbol
ZG
Transactions as of
18 Sep 2024
Net transactions value
-$924,423
Form type
4
Filing time
19 Sep 2024, 16:55:34 UTC
Previous filing
14 Jun 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Z AND ZG Class C Capital Stock Options Exercise $462,206 +20,625 +365% $22.41 26,277 18 Sep 2024 Direct
transaction Z AND ZG Class C Capital Stock Sale $1,386,629 -20,625 -78% $67.23 5,652 18 Sep 2024 Direct F1, F2

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 Z AND ZG Stock Option (right to buy) Options Exercise $0 -20,625 -100% $0.000000 0 18 Sep 2024 Class C Capital Stock 20,625 $22.41 Direct F3
* 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 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2023.
F2 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $67.23 to $67.25. 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 Date at which first vesting occurs us 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.