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

Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Nov 20, 2021
Transactions value $
-$73,969
Form type
4
Date filed
11/23/2021, 03:07 PM
Previous filing
Nov 9, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.83K +6.87% 28.4K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$31K -720 -2.53% $43.03 27.7K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +1.66K +5.98% 29.4K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$28.1K -653 -2.22% $43.03 28.7K Nov 22, 2021 Direct
transaction RDFN Common Stock Options Exercise +877 +3.05% 29.6K Nov 20, 2021 Direct F1
transaction RDFN Common Stock Tax liability -$14.9K -346 -1.17% $43.03 29.3K Nov 22, 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 +33.33% $0.00 7.31K Nov 20, 2021 Common Stock 1.83K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 +1.66K +14.29% $0.00 13.3K Nov 20, 2021 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 +877 +9.09% $0.00 10.5K Nov 20, 2021 Common Stock 877 Direct F1, F4
holding RDFN Restricted Stock Unit 13.2K Nov 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.