Adam Wiener - 20 May 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2021
Net transactions value
-$157,425
Form type
4
Filing time
24 May 2021, 18:32:26 UTC
Previous filing
19 May 2021
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1,547 +0.53% 292,119 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $32,021 -609 -0.21% $52.58 291,510 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +1,989 +0.68% 293,499 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $41,170 -783 -0.27% $52.58 292,716 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +4,069 +1.4% 296,785 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $84,233 -1,602 -0.54% $52.58 295,183 20 May 2021 Direct
holding RDFN Common Stock 1,078 20 May 2021 By spouse

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 -1,547 -20% $0.000000 6,187 20 May 2021 Common Stock 1,547 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,989 -11% $0.000000 15,916 20 May 2021 Common Stock 1,989 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,069 -25% $0.000000 12,208 20 May 2021 Common Stock 4,069 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.