Zillow (Z) awards stock options and Class C RSUs to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zillow Group, Inc. Chief Industry Development Officer Errol G. Samuelson reported equity awards. He received stock options for 60,000 shares at an exercise price of $0.00 and a grant of 20,000 shares of Class C capital stock, both acquired as compensation awards.
The 20,000-share Class C grant represents restricted stock units that vest over time, with 1/16 of the total vesting on each of Zillow’s quarterly vesting dates until fully vested. The 60,000-share stock option grant follows a similar 1/16 quarterly vesting schedule until the option is fully exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Samuelson Errol G
Role
Chief Industry Dev. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 60,000 | $0.00 | -- |
| Grant/Award | Class C Capital Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 60,000 shares (Direct);
Class C Capital Stock — 133,800 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units that will vest as to 1/16th of the total amount of shares subject to the grant on each of the issuer's quarterly vesting dates until the restricted stock units are fully vested. Date at which first vesting occurs is 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.
FAQ
What did Zillow (Z) executive Errol G. Samuelson report in this Form 4?
Errol G. Samuelson reported equity awards consisting of stock options and restricted stock units. He was granted options for 60,000 shares and 20,000 shares of Class C capital stock, both structured as compensation awards that vest over time according to stated schedules.
How many stock options did Errol G. Samuelson receive from Zillow (Z)?
He received stock options covering 60,000 shares of Zillow stock. These options were granted with an exercise price of $0.00 per share and become exercisable in 1/16 increments on each of Zillow’s quarterly vesting dates until the entire grant is fully vested.
Are the Zillow (Z) equity awards to Errol G. Samuelson direct or indirect holdings?
The filing classifies both the stock options and the Class C capital stock awards as directly owned. The ownership code is listed as “D,” indicating direct ownership, with no reference to trusts, partnerships, or other indirect holding entities in the provided information.
Do the Zillow (Z) equity grants involve any stock sales by Errol G. Samuelson?
No, the reported transactions reflect only acquisitions through grants and awards, not sales. The transaction code is “A” for both entries, described as grant, award, or other acquisition, and the transaction summary shows acquire activity without any recorded dispositions or sales.
How will the Zillow (Z) stock options granted to Errol G. Samuelson vest over time?
The options vest in equal quarterly installments. The footnote explains that 1/16 of the total option shares become exercisable at the first vesting date, with an additional 1/16 becoming exercisable on each subsequent quarterly vesting date until the option is fully vested.