Christian John Taubman - 20 Aug 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2021
Net transactions value
-$40,910
Form type
4
Filing time
24 Aug 2021, 14:23:32 UTC
Previous filing
03 Jun 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 +2,931 +35% 11,368 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $33,965 -714 -6.3% $47.57 10,654 20 Aug 2021 Direct
transaction RDFN Common Stock Options Exercise +596 +5.6% 11,250 20 Aug 2021 Direct F1
transaction RDFN Common Stock Tax liability $6,945 -146 -1.3% $47.57 11,104 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 -2,931 -10% $0.000000 26,382 20 Aug 2021 Common Stock 2,931 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -596 -8.3% $0.000000 6,560 20 Aug 2021 Common Stock 596 Direct F1, F3
holding RDFN Restricted Stock Unit 9,884 20 Aug 2021 Common Stock 9,884 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 November 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 November 20, 2023.
F3 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.
F4 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.