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

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2021
Transactions value $
-$84,675
Form type
4
Date filed
8/24/2021, 02:21 PM
Previous filing
Aug 12, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.55K +1.03% 152K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$29K -609 -0.4% $47.57 151K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.99K +1.31% 153K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$37.3K -784 -0.51% $47.57 153K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +982 +0.64% 154K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$18.4K -387 -0.25% $47.57 153K Aug 20, 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 -1.55K -25% $0.00 4.64K Aug 20, 2021 Common Stock 1.55K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.99K -12.5% $0.00 13.9K Aug 20, 2021 Common Stock 1.99K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -982 -8.33% $0.00 10.8K Aug 20, 2021 Common Stock 982 Direct F1, F4
holding RDFN Restricted Stock Unit 13.5K Aug 20, 2021 Common Stock 13.5K 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.