X0206 3 2013-11-14 0 0001478484 zulily, inc. ZU 0001287614 CAVENS DARRELL C/O ZULILY, INC. 2200 FIRST AVENUE SOUTH SEATTLE WA 98134 1 1 1 0 President and CEO Class B Common Stock Class A Common Stock 21015781 D Stock Option (Right to Buy) 10.28 2023-05-15 Class B Common Stock 3946172 D Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value and whether voluntary or involuntary or by operation of law, except for certain transfer described in the issuer's Amended and Restated Certificate of Incorporation, including, without limitation, certain transfers for tax and estate planning purposes. Not applicable. The option is early-exercisable at any time by the holder of the option. This option is divided into five equal sub-grants. Each sub-grant has a term of four years and vests in 48 monthly installments commencing on the following dates: May 16, 2013 (first sub-grant), May 16, 2014 (second sub-grant), May 16, 2015 (third sub-grant), May 16, 2016 (fourth sub-grant) and May 16, 2017 (fifth sub-grant). /s/ Deirdre Runnette 2013-11-14