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

Role
Chief Growth Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2021
Net transactions value
-$68,091
Form type
4
Filing time
24 May 2021, 18:34:15 UTC
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 +2,931 +66% 7,347 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $37,542 -714 -9.7% $52.58 6,633 20 May 2021 Direct
transaction RDFN Common Stock Options Exercise +2,385 +36% 9,018 20 May 2021 Direct F1
transaction RDFN Common Stock Tax liability $30,549 -581 -6.4% $52.58 8,437 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 -2,931 -9.1% $0.000000 29,313 20 May 2021 Common Stock 2,931 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -2,385 -25% $0.000000 7,156 20 May 2021 Common Stock 2,385 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.