SEC Form 4 · accession 0001225208-18-009185
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
May 10, 2018
Accepted (ET)
May 11, 2018 · 5:14 pm EDT
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 | May 10, 2018 | M | 59,583 | $10.9934 | A | 59,583 | D | |
| Class A Common Stock | May 10, 2018 | M | 10,417 | $8.7016 | A | 70,000 | D | |
| Class A Common StockF1 | May 10, 2018 | S | 1,800 | $56.3682 | D | 68,200 | D | |
| Class A Common StockF2 | May 10, 2018 | S | 15,310 | $55.5026 | D | 52,890 | D | |
| Class A Common StockF3 | May 10, 2018 | S | 52,890 | $54.6124 | 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)F4 | $10.9934 | May 10, 2018 | M | 59,583 | D | Jan 24, 2016 | Jan 24, 2023 | Class A Common Stock | 59,583 | 372,196 | D |
| Stock Option (Right to Buy)F5 | $8.7016 | May 10, 2018 | M | 10,417 | D | Dec 26, 2013 | Dec 26, 2019 | Class A Common Stock | 10,417 | 0 | D |
Explanation of responses
- F1The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $56.20 to $56.60. 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.
- F2The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $55.17 to $56.15. 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.
- F3The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $54.16 to $55.16. 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.
- F4Date 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.
- F5Date at which first vesting occurs is indicated. 1/8th of the total number of shares originally subject to the option becomes vested at the first vesting date and an additional 1/96th each month thereafter. An additional 1/8th of the total number of the shares originally subject to the option becomes vested on the one-year anniversary of the date of the first vesting and an additional 1/96th each month thereafter until the option is fully vested.