Christian John Taubman - May 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2021
Transactions value $
-$68,091
Form type
4
Date filed
5/24/2021, 06:34 PM
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 +2.93K +66.37% 7.35K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$37.5K -714 -9.72% $52.58 6.63K May 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +2.39K +35.96% 9.02K May 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$30.5K -581 -6.44% $52.58 8.44K 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 -2.93K -9.09% $0.00 29.3K May 20, 2021 Common Stock 2.93K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -2.39K -25% $0.00 7.16K May 20, 2021 Common Stock 2.39K Direct F1, F3
* 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 November 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 November 20, 2023.
F3 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.