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

Role
Chief Legal Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2021
Transactions value $
-$53,421
Form type
4
Date filed
5/24/2021, 06:32 PM
Previous filing
May 10, 2021
Next filing
Jun 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +985 +119.68% 1.81K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$12.6K -240 -13.27% $52.58 1.57K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.08K +68.75% 2.65K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$13.8K -263 -9.94% $52.58 2.38K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +2.1K +88.29% 4.49K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$27K -513 -11.43% $52.58 3.97K May 20, 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 -20.01% $0.00 3.94K May 20, 2021 Common Stock 985 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.08K -11.11% $0.00 8.62K May 20, 2021 Common Stock 1.08K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -2.1K -24.99% $0.00 6.32K May 20, 2021 Common Stock 2.1K 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.