Christopher John Nielsen - Aug 20, 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2021
Transactions value $
-$81,773
Form type
4
Date filed
8/24/2021, 02:23 PM
Previous filing
Aug 9, 2021
Next filing
Sep 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.83K +7.62% 25.8K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$34.3K -720 -2.79% $47.57 25.1K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +6.61% 26.7K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$31.1K -653 -2.44% $47.57 26.1K Aug 20, 2021 Direct
transaction RDFN Common Stock Options Exercise +877 +3.36% 27K Aug 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$16.5K -346 -1.28% $47.57 26.6K 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 -1.83K -25% $0.00 5.48K Aug 20, 2021 Common Stock 1.83K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.66K -12.5% $0.00 11.6K Aug 20, 2021 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -8.33% $0.00 9.65K Aug 20, 2021 Common Stock 877 Direct F1, F4
holding RDFN Restricted Stock Unit 13.2K Aug 20, 2021 Common Stock 13.2K 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.