Ee Lyn Khoo - 01 Jun 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Human Resources Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
01 Jun 2021
Net transactions value
$0
Form type
4
Filing time
03 Jun 2021, 17:03:05 UTC
SEC
View on sec.gov

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 Award $0 +7,571 $0.000000 7,571 01 Jun 2021 Common Stock 7,571 Direct F1, F2
holding RDFN Restricted Stock Unit 12,247 01 Jun 2021 Common Stock 12,247 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 will vest on May 20, 2022, 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, 2025.
F3 40% of the restricted stock units will vest on February 20, 2022. The remaining restricted stock units will vest quarterly thereafter, with a total of 30% vesting by February 20, 2023, 20% by February 20, 2024, and 10% by February 20, 2025.