Robert L. Reffkin - 03 Feb 2022 Form 4 Insider Report for Compass, Inc. (COMP)

Role: Chairman and CEO, Director
Signature: /s/ Bradley K. Serwin, as attorney-in-fact
Issuer symbol: COMP
Transactions as of: 03 Feb 2022
Net transactions value: -$582,672
Form type: 4
Filing time: 07 Feb 2022, 16:45:51 UTC
Previous filing: 07 Jan 2022
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMP	Class A Common Stock	Options Exercise		+179,410	+43%		600,560	03 Feb 2022	Direct	F1
transaction	COMP	Class A Common Stock	Tax liability	$582,672	-73,756	-12%	$7.90	526,804	03 Feb 2022	Direct	F2
transaction	COMP	Class A Common Stock	Disposed to Issuer		-105,654	-20%		421,150	03 Feb 2022	Direct	F3
holding	COMP	Class A Common Stock						8,601,981	03 Feb 2022	See footnote	F4

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	COMP	Restricted Stock Unit (RSU)	Options Exercise	$0	-179,410	-4.2%	$0.000000	4,126,500	03 Feb 2022	Class A Common Stock	179,410		Direct	F1, F5
transaction	COMP	Class C Common Stock	Award		+105,654	+0.79%		13,445,779	03 Feb 2022	Class A Common Stock	105,654		Direct	F3, F6
holding	COMP	Class C Common Stock						4,125,000	03 Feb 2022	Class A Common Stock	4,125,000		See footnote	F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
F2	Represents shares withheld by Issuer to satisfy tax withholding obligations on the vesting of RSUs.
F3	Represents the conversion by the reporting person of Class A Common Stock for Class C Common Stock elected by the reporting person pursuant to an Equity Exchange Right Agreement with the Issuer.
F4	Represents (i) 4,648,000 shares of Class A Common Stock owned by the 2021 Reffkin Remainder Interest Trust, (ii) 3,190,870 shares of Class A Common Stock owned by the Reffkin Investment II Corp and (iii) 763,111 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust.
F5	The RSUs vest as to 1/48th of the total shares on the 25th of each month following January 1, 2020, subject to continued service through each vesting date, provided, however the Reporting Person is not subject to an involuntary termination (as further defined in the Reporting Person's award agreement) within 12 months after the effectiveness of the Issuer's IPO.
F6	Class C Common Stock is convertible to Class A Common Stock on a one-to-one basis at any time.
F7	Shares owned by Reffkin Investment I Corp. The Robert Lee Reffkin Revocable Trust is the sole and controlling shareholder of Reffkin Investment I Corp.