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

Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Nov 2021
Net transactions value
-$37,006
Form type
4
Filing time
23 Nov 2021, 15:05:36 UTC
Previous filing
24 Aug 2021
Next filing
22 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +2,932 +26% 14,036 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $30,723 -714 -5.1% $43.03 13,322 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +596 +4.5% 13,918 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $6,282 -146 -1% $43.03 13,772 22 Nov 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 +2,932 +11% $0.000000 29,314 20 Nov 2021 Common Stock 2,932 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 +596 +9.1% $0.000000 7,156 20 Nov 2021 Common Stock 596 Direct F1, F3
holding RDFN Restricted Stock Unit 9,884 20 Nov 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.