SEC Form 4 · accession 0001209191-15-015002
ZILLOW INC · Z
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Amy Bohutinsky
Officer — Chief Marketing Officer
Period of report
Feb 17, 2015
Accepted (ET)
Feb 17, 2015 · 9:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jan 17, 2015 | M | 1,770 | $3.2448 | A | 1,770 | D | |
| Class A Common Stock | Jan 17, 2015 | M | 1,632 | $3.5828 | A | 3,042 | D | |
| Class A Common Stock | Jan 17, 2015 | M | 265 | $3.887 | A | 3,667 | D | |
| Class A Common Stock | Jan 17, 2015 | S | 3,667 | $110.96 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $3.2448 | Feb 17, 2015 | M | 1,770 | D | Sep 15, 2011 | Sep 15, 2017 | Class A Common Stock | 1,770 | 0 | D |
| Stock Option (right to buy)F3 | $3.5828 | Feb 17, 2015 | M | 1,632 | D | Mar 12, 2011 | Mar 12, 2017 | Class A Common Stock | 0 | 0 | D |
| Stock Option (right to buy)F3 | $3.887 | Feb 17, 2015 | M | 265 | D | Mar 1, 2012 | Mar 1, 2018 | Class A Common Stock | 3,619 | 3,619 | D |
| Stock Option (right to buy)F3 | $3.887 | Feb 17, 2015 | D | 3,619 | D | Mar 1, 2012 | Mar 1, 2018 | Class A Common Stock | 3,619 | 0 | D |
| Stock Option (right to buy)F3 | $3.5152 | Feb 17, 2015 | D | 2,664 | D | Feb 12, 2010 | Feb 12, 2016 | Class A Common Stock | 2,664 | 0 | D |
| Stock Option (right to buy)F3 | $30.46 | Feb 17, 2015 | D | 18,000 | D | Mar 1, 2013 | Feb 2, 2019 | Class A Common Stock | 18,000 | 0 | D |
| Stock Option (right to buy)F3 | $36.36 | Feb 17, 2015 | D | 43,000 | D | Feb 1, 2014 | Jan 24, 2020 | Class A Common Stock | 43,000 | 0 | D |
| Stock Option (right to buy)F3 | $82.05 | Feb 17, 2015 | D | 27,783 | D | Feb 1, 2015 | Jan 2, 2021 | Class A Common Stock | 27,783 | 0 | D |
| Stock Option (right to buy)F3 | $101.715 | Feb 17, 2015 | D | 30,000 | D | Jan 1, 2016 | Jan 7, 2022 | Class A Common Stock | 30,000 | 0 | D |
| Stock Option (right to buy)F4,F5 | $101.715 | Feb 17, 2015 | D | 50,000 | D | Jan 1, 2016 | Jan 7, 2025 | Class A Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2014.
- F2Derivative securities of Zillow, Inc. ("Issuer") were disposed of pursuant to the transactions contemplated by the Agreement and Plan of Merger among Issuer, Zillow Group, Inc., f/k/a Zebra Holdco, Inc. ("HoldCo"), and Trulia, Inc., dated as of July 28, 2014 (the "Merger Agreement"). Upon closing of the transactions contemplated by the Merger Agreement (the "Effective Time"), Issuer became a wholly owned subsidiary of HoldCo, and each share of Class A Common Stock of Issuer was converted into one share of Class A Common Stock of HoldCo. Derivative securities relating to the Class A Common Stock of Issuer were assumed by HoldCo and converted into derivative securities relating to an equal number of shares of Class A Common Stock of HoldCo on otherwise the same terms and conditions (including the vesting schedule and exercise price) that applied to such derivative securities immediately prior to the Effective Time.
- F3Date at which first vesting occurs is indicated. 1/4th of the total number of shares originally subject to the option becomes exercisable at the first vesting date and an additional 1/48th becomes exercisable each month thereafter until the option is fully vested.
- F4The option's exercisability is subject to shareholder approval of a share increase under the Issuer's Amended and Restated 2011 Incentive Plan assumed by HoldCo.
- F5Date at which first vesting occurs is indicated. 1/16th of the total number of shares originally subject to the option becomes vested at the first vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years; an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 1-year anniversary of the first vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years; an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 2-year anniversary of the first vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years; and an additional 1/16th of the total number of shares originally subject to the option becomes vested on the 3-year anniversary of the first vesting date and an additional 1/192 becomes vested each month thereafter over the next 3 years until the option is fully vested.