Bridget Frey - Nov 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Nov 20, 2021
Transactions value $
-$76,550
Form type
4
Date filed
11/23/2021, 03:06 PM
Previous filing
Nov 5, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.55K +0.79% 196K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$26.2K -609 -0.31% $43.03* 196K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.99K +1.02% 198K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$33.7K -783 -0.4% $43.03* 197K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +982 +0.5% 198K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$16.7K -387 -0.2% $43.03* 198K Nov 22, 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 +33.32% $0.00 6.19K Nov 20, 2021 Common Stock 1.55K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 +1.99K +14.28% $0.00 15.9K Nov 20, 2021 Common Stock 1.99K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 +982 +9.09% $0.00 11.8K Nov 20, 2021 Common Stock 982 Direct F1, F4
holding RDFN Restricted Stock Unit 13.5K Nov 20, 2021 Common Stock 13.5K Direct F1, F5
* 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.
F5 1/4 of the restricted stock units will vest on May 20, 2022, 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, 2025.