Scott Nagel - Nov 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
Nov 20, 2021
Transactions value $
-$41,696
Form type
4
Date filed
11/23/2021, 03:07 PM
Previous filing
Aug 24, 2021
Next filing
Dec 14, 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% 356K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$16.2K -377 -0.11% $43.03* 355K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +0.47% 357K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$17.4K -404 -0.11% $43.03* 357K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +772 +0.22% 357K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$8.09K -188 -0.05% $43.03* 357K 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 +1.66K +14.29% $0.00 13.3K Nov 20, 2021 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 +772 +9.09% $0.00 9.26K Nov 20, 2021 Common Stock 772 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.