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

Role
Chief Financial Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2021
Net transactions value
-$81,773
Form type
4
Filing time
24 Aug 2021, 14:23:14 UTC
Previous filing
09 Aug 2021
Next filing
09 Sep 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 +1,828 +7.6% 25,805 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $34,250 -720 -2.8% $47.57 25,085 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +1,658 +6.6% 26,743 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $31,063 -653 -2.4% $47.57 26,090 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +877 +3.4% 26,967 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $16,459 -346 -1.3% $47.57 26,621 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 -1,828 -25% $0.000000 5,484 20 Aug 2021 Common Stock 1,828 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 -877 -8.3% $0.000000 9,647 20 Aug 2021 Common Stock 877 Direct F1, F4
holding RDFN Restricted Stock Unit 13,207 20 Aug 2021 Common Stock 13,207 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.