Scott Nagel - Aug 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Pres. of Strategic Initiatives
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2021
Transactions value $
-$46,095
Form type
4
Date filed
8/24/2021, 02:22 PM
Previous filing
May 24, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.55K +0.44% 353K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$17.9K -377 -0.11% $47.57* 352K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +0.47% 354K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$19.2K -404 -0.11% $47.57* 354K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +771 +0.22% 354K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$8.94K -188 -0.05% $47.57* 354K Aug 20, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.55K -25% $0.00 4.64K Aug 20, 2021 Common Stock 1.55K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.66K -12.5% $0.00 11.6K Aug 20, 2021 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -771 -8.33% $0.00 8.49K Aug 20, 2021 Common Stock 771 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 1/4 of the restricted stock units vested on May 20, 2019, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2022.
F3 1/4 of the restricted stock units vested on May 20, 2020, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2023.
F4 1/4 of the restricted stock units vested on May 20, 2021, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2024.