James Slavet - 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 $
-$122,516
Form type
4
Date filed
6/14/2021, 07:17 PM
Previous filing
Jun 9, 2021
Next filing
Jul 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Sale -$110K -1.8K -1.64% $61.19 108K Jun 14, 2021 Direct F1, F2
transaction RDFN Common Stock Sale -$12.4K -200 -0.18% $61.89 108K Jun 14, 2021 Direct F1, F3

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 F4, F5
transaction RDFN Phantom Stock Award $0 +3.77K $0.00 3.77K Jun 13, 2021 Common Stock 3.77K Direct F4
holding RDFN Restricted Stock Unit 2.49K Jun 13, 2021 Common Stock 2.49K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person effected the transaction pursuant to a Rule 10b5-1 trading plan.
F2 The reporting person executed the transaction in multiple trades at prices ranging from $60.67 to $61.65. The reported price reflects the weighted average price of all trades. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares traded at each separate price.
F3 The reporting person executed the transaction in multiple trades at prices ranging from $61.67 to $62.13. The reported price reflects the weighted average price of all trades. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares traded at each separate price.
F4 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.
F5 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.
F6 Restricted stock units convert into common stock on a one-for-one basis.
F7 The restricted stock units will vest on June 12, 2022.