Christopher John Nielsen - 20 Nov 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 Nov 2021
Net transactions value
-$73,969
Form type
4
Filing time
23 Nov 2021, 15:07:49 UTC
Previous filing
09 Nov 2021
Next filing
17 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 +1,828 +6.9% 28,449 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $30,982 -720 -2.5% $43.03 27,729 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +1,658 +6% 29,387 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $28,099 -653 -2.2% $43.03 28,734 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +877 +3.1% 29,611 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $14,888 -346 -1.2% $43.03 29,265 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 +1,828 +33% $0.000000 7,312 20 Nov 2021 Common Stock 1,828 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 +877 +9.1% $0.000000 10,524 20 Nov 2021 Common Stock 877 Direct F1, F4
holding RDFN Restricted Stock Unit 13,207 20 Nov 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.