SEC Form 4 · accession 0001225208-16-041274
ZILLOW GROUP, INC. · Z AND ZG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spencer M Rascoff
Officer — Chief Executive Officer · Director
Period of report
Nov 4, 2016
Accepted (ET)
Nov 7, 2016 · 7:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001617640
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Nov 4, 2016 | M | 41,365 | $1.0833 | A | 41,365 | D | |
| Class A Common Stock | Nov 4, 2016 | S | 100 | $34.63 | D | 41,265 | D | |
| Class A Common StockF2 | Nov 4, 2016 | S | 41,265 | $33.9091 | D | 0 | D | |
| Class C Capital Stock | Nov 4, 2016 | M | 82,730 | $1.2498 | A | 94,730 | D | |
| Class C Capital StockF3 | Nov 4, 2016 | S | 1,400 | $35.2586 | D | 93,330 | D | |
| Class C Capital StockF4 | Nov 4, 2016 | S | 81,330 | $34.4899 | D | 12,000 | 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)F5 | $1.0833 | Nov 4, 2016 | M | 41,365 | D | Mar 12, 2011 | Mar 12, 2017 | Class A Common Stock | 41,365 | 11,365 | D |
| Stock Option (Right to Buy)F5 | $1.2498 | Nov 4, 2016 | M | 82,730 | D | Mar 12, 2011 | Mar 12, 2017 | Class C Capital Stock | 82,730 | 23,130 | D |
Explanation of responses
- F1Option exercised and shares sold due to option's expiration date of March 12, 2017, after which time the option terminates and ceases to be exercisable.
- F2The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $33.61 to $34.58. 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.
- F3The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $35.1550 to $35.36. 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.
- F4The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $34.15 to $35.15. 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.
- F5Date at which first vesting occurs is indicated. 1/4th of the total number of shares originally subject to the option become exercisable at the first vesting date and an additional 1/48th become exercisable each month thereafter until the option is fully vested.