Anthony Ray Kappus - 20 May 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Legal Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2021
Net transactions value
-$53,421
Form type
4
Filing time
24 May 2021, 18:32:48 UTC
Previous filing
10 May 2021
Next filing
01 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 +985 +120% 1,808 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $12,619 -240 -13% $52.58 1,568 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +1,078 +69% 2,646 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $13,829 -263 -9.9% $52.58 2,383 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +2,104 +88% 4,487 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $26,974 -513 -11% $52.58 3,974 20 May 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 -985 -20% $0.000000 3,937 20 May 2021 Common Stock 985 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,078 -11% $0.000000 8,621 20 May 2021 Common Stock 1,078 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -2,104 -25% $0.000000 6,315 20 May 2021 Common Stock 2,104 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.