ZILLOW GROUP, INC. — Director's Dealing 2017

May 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZILLOW GROUP, INC. (Z AND ZG)
CIK: 0001617640
Period of Report: 2017-05-09

Reporting Person: BARTON RICHARD N (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-09	Class C Capital Stock	S	100.0000	$43.2900	Disposed	6795545.0000	Direct
2017-05-09	Class C Capital Stock	S	59900.0000	$42.7012	Disposed	6735645.0000	Direct
2017-05-10	Class C Capital Stock	S	90000.0000	$42.8468	Disposed	6645645.0000	Direct
2017-05-11	Class C Capital Stock	S	100000.0000	$42.8233	Disposed	6545645.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class C Capital Stock	440008.0000	Indirect
Class C Capital Stock	669046.0000	Indirect
Class C Capital Stock	97000.0000	Indirect

Footnotes

F1: The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $42.28 to $43.22. 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.

F2: The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $42.55 to $43.16. 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.

F3: The reported price is a weighted average sale price. These shares were sold in mulitiple transactions at prices ranging from $42.70 to $43.11. 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.