Adam Wiener - 20 Aug 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2021
Net transactions value
-$85,341
Form type
4
Filing time
24 Aug 2021, 14:21:53 UTC
Previous filing
19 Aug 2021
Next filing
26 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1,547 +0.51% 303,678 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $28,970 -609 -0.2% $47.57 303,069 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +1,990 +0.66% 305,059 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $37,295 -784 -0.26% $47.57 304,275 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +1,017 +0.33% 305,292 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $19,076 -401 -0.13% $47.57 304,891 20 Aug 2021 Direct
holding RDFN Common Stock 1,078 20 Aug 2021 By spouse

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 -1,017 -8.3% $0.000000 11,191 20 Aug 2021 Common Stock 1,017 Direct F1, F4
holding RDFN Restricted Stock Unit 17,666 20 Aug 2021 Common Stock 17,666 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.