Bridget Frey - 20 Aug 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2021
Net transactions value
-$84,675
Form type
4
Filing time
24 Aug 2021, 14:21:32 UTC
Previous filing
12 Aug 2021
Next filing
02 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1,547 +1% 152,028 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $28,970 -609 -0.4% $47.57 151,419 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +1,990 +1.3% 153,409 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $37,295 -784 -0.51% $47.57 152,625 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +982 +0.64% 153,607 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $18,410 -387 -0.25% $47.57 153,220 20 Aug 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 -1,547 -25% $0.000000 4,640 20 Aug 2021 Common Stock 1,547 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,990 -13% $0.000000 13,926 20 Aug 2021 Common Stock 1,990 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -982 -8.3% $0.000000 10,805 20 Aug 2021 Common Stock 982 Direct F1, F4
holding RDFN Restricted Stock Unit 13,459 20 Aug 2021 Common Stock 13,459 Direct F1, F5
* 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 May 20, 2019, 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, 2022.
F3 1/4 of the restricted stock units vested on May 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 May 20, 2023.
F4 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.
F5 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.