Mylod Robert J Jr - Jun 13, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Director
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Jun 13, 2021
Transactions value $
$0
Form type
4
Date filed
6/14/2021, 06:43 PM
Previous filing
Jun 9, 2021
Next filing
Aug 24, 2021

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 -3.77K -100% $0.00* 0 Jun 13, 2021 Common Stock 3.77K Direct F1, F2
transaction RDFN Phantom Stock Award $0 +3.77K +68.79% $0.00 9.24K Jun 13, 2021 Common Stock 3.77K Direct F1
holding RDFN Restricted Stock Unit 2.49K Jun 13, 2021 Common Stock 2.49K Direct F3, 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. The reporting person holds phantom stock while receipt of common stock is being deferred
F2 The restricted stock units vested on June 13, 2021. Vested shares will be delivered to the reporting person on the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 The restricted stock units will vest on June 12, 2022. Vested shares will be delivered to the reporting person on the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer.