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

Role
Pres. of Strategic Initiatives
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2021
Transactions value $
-$80,605
Form type
4
Date filed
5/24/2021, 06:33 PM
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.55K +0.45% 348K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$19.8K -377 -0.11% $52.58 348K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +0.48% 349K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$21.2K -404 -0.12% $52.58 349K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +3.09K +0.88% 352K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$39.5K -752 -0.21% $52.58 351K 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 -1.55K -20% $0.00 6.19K May 20, 2021 Common Stock 1.55K 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 -3.09K -25% $0.00 9.26K May 20, 2021 Common Stock 3.09K 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.