Scott Nagel - 20 Aug 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Pres. of Strategic Initiatives
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2021
Net transactions value
-$46,095
Form type
4
Filing time
24 Aug 2021, 14:22:36 UTC
Previous filing
24 May 2021
Next filing
23 Nov 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 +0.44% 352,700 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $17,934 -377 -0.11% $47.57 352,323 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +1,658 +0.47% 353,981 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $19,218 -404 -0.11% $47.57 353,577 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +771 +0.22% 354,348 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $8,943 -188 -0.05% $47.57 354,160 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 -1,658 -13% $0.000000 11,605 20 Aug 2021 Common Stock 1,658 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -771 -8.3% $0.000000 8,490 20 Aug 2021 Common Stock 771 Direct F1, 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.
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.