Bridget Frey - May 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2021
Transactions value $
-$154,533
Form type
4
Date filed
5/24/2021, 06:33 PM
Previous filing
May 12, 2021
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 +1.55K +1.06% 147K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$32K -609 -0.41% $52.58 147K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.99K +1.36% 149K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$41.2K -783 -0.53% $52.58 148K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +3.93K +2.66% 152K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$81.3K -1.55K -1.02% $52.58 150K 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 -1.99K -11.11% $0.00 15.9K May 20, 2021 Common Stock 1.99K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.93K -25% $0.00 11.8K May 20, 2021 Common Stock 3.93K 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.