SEC Form 4 · accession 0001225208-18-005721
ZILLOW GROUP, INC. · Z AND ZG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy Wacksman
Officer — Chief Marketing Officer
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 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 | Mar 5, 2018 | M | 11,000 | $24.8077 | A | 11,468 | D | |
| Class A Common StockF1,F2 | Mar 5, 2018 | S | 11,000 | $50.3248 | D | 468 | 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 | $24.8077 | Mar 5, 2018 | M | 11,000 | D | Feb 1, 2015 | Jan 2, 2021 | Class A Common Stock | 11,000 | 11,000 | D |
| Stock Option (Right to Buy)F4 | $53.96 | Mar 7, 2018 | A | 182,100 | A | May 16, 2018 | Mar 7, 2028 | Class C Capital Stock | 182,100 | 182,100 | D |
Explanation of responses
- F1The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2017.
- F2The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $50.00 to $50.77. 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.
- F3Date 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.
- F4Date 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.