Christopher John Nielsen - May 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2021
Transactions value $
-$144,805
Form type
4
Date filed
5/24/2021, 06:33 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.83K +9.26% 21.6K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$37.9K -720 -3.34% $52.58 20.8K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +7.95% 22.5K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$34.3K -653 -2.9% $52.58 21.9K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +3.51K +16.05% 25.4K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$72.6K -1.38K -5.45% $52.58 24K 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 -1.83K -20% $0.00 7.31K May 20, 2021 Common Stock 1.83K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.66K -11.11% $0.00 13.3K May 20, 2021 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.51K -25% $0.00 10.5K May 20, 2021 Common Stock 3.51K 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.