Scott Nagel - 20 Nov 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 Nov 2021
Net transactions value
-$41,696
Form type
4
Filing time
23 Nov 2021, 15:07:27 UTC
Previous filing
24 Aug 2021
Next filing
14 Dec 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 +1,546 +0.44% 355,706 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $16,222 -377 -0.11% $43.03 355,329 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +1,658 +0.47% 356,987 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $17,384 -404 -0.11% $43.03 356,583 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +772 +0.22% 357,355 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $8,090 -188 -0.05% $43.03 357,167 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 +1,546 +33% $0.000000 6,186 20 Nov 2021 Common Stock 1,546 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 +1,658 +14% $0.000000 13,263 20 Nov 2021 Common Stock 1,658 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 +772 +9.1% $0.000000 9,262 20 Nov 2021 Common Stock 772 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.