Bridget Frey - May 22, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 22, 2023
Transactions value $
-$57,262
Form type
4
Date filed
5/24/2023, 01:53 PM
Previous filing
May 3, 2023
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.99K +0.48% 413K May 22, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$5.11K -485 -0.12% $10.53 413K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +983 +0.24% 414K May 22, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$2.53K -240 -0.06% $10.53 413K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +842 +0.2% 414K May 22, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$2.17K -206 -0.05% $10.53 414K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +18.5K +4.47% 432K May 22, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$47.5K -4.51K -1.04% $10.53 428K May 22, 2023 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 -1.99K -100% $0.00* 0 May 22, 2023 Common Stock 1.99K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -983 -20.01% $0.00 3.93K May 22, 2023 Common Stock 983 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -842 -11.12% $0.00 6.73K May 22, 2023 Common Stock 842 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -18.5K -25% $0.00 55.5K May 22, 2023 Common Stock 18.5K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 1/4 of the restricted stock units vested 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.
F4 1/4 of the restricted stock units will vest on May 20, 2023, 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, 2026.
F5 Restricted stock units convert into common stock on a one-for-one basis.