Scott Nagel - 20 May 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Pres. of Strategic Initiatives
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2021
Net transactions value
-$80,605
Form type
4
Filing time
24 May 2021, 18:33:33 UTC
Next filing
24 Aug 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 +0.45% 347,941 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $19,823 -377 -0.11% $52.58 347,564 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +1,658 +0.48% 349,222 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $21,242 -404 -0.12% $52.58 348,818 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +3,087 +0.88% 351,905 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $39,540 -752 -0.21% $52.58 351,153 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 -1,547 -20% $0.000000 6,187 20 May 2021 Common Stock 1,547 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,658 -11% $0.000000 13,263 20 May 2021 Common Stock 1,658 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,087 -25% $0.000000 9,261 20 May 2021 Common Stock 3,087 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.