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

Role: Chief Financial Officer
Signature: /s/ Charles Lee, attorney-in-fact
Issuer symbol: RDFN
Transactions as of: 20 May 2021
Net transactions value: -$144,805
Form type: 4
Filing time: 24 May 2021, 18:33:07 UTC
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		+1,828	+9.3%		21,565	20 May 2021	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$37,858	-720	-3.3%	$52.58	20,845	20 May 2021	Direct
transaction	RDFN	Common Stock	Options Exercise		+1,658	+8%		22,503	20 May 2021	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$34,335	-653	-2.9%	$52.58	21,850	20 May 2021	Direct
transaction	RDFN	Common Stock	Options Exercise		+3,508	+16%		25,358	20 May 2021	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$72,613	-1,381	-5.4%	$52.58	23,977	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	-1,828	-20%	$0.000000	7,312	20 May 2021	Common Stock	1,828		Direct	F1, F2
transaction	RDFN	Restricted Stock Unit	Options Exercise	$0	-1,658	-11%	$0.000000	13,263	20 May 2021	Common Stock	1,658		Direct	F1, F3
transaction	RDFN	Restricted Stock Unit	Options Exercise	$0	-3,508	-25%	$0.000000	10,524	20 May 2021	Common Stock	3,508		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.