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

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2021
Net transactions value
-$154,533
Form type
4
Filing time
24 May 2021, 18:33:53 UTC
Previous filing
12 May 2021
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 +1,547 +1.1% 147,242 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $32,021 -609 -0.41% $52.58 146,633 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +1,989 +1.4% 148,622 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $41,170 -783 -0.53% $52.58 147,839 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +3,929 +2.7% 151,768 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $81,341 -1,547 -1% $52.58 150,221 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 -1,989 -11% $0.000000 15,916 20 May 2021 Common Stock 1,989 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,929 -25% $0.000000 11,787 20 May 2021 Common Stock 3,929 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.