Scott Nagel - Feb 28, 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Pres. of Strategic Initiatives
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Feb 28, 2022
Transactions value $
-$315,257
Form type
4
Date filed
3/2/2022, 03:08 PM
Previous filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +53.1K +14.74% 413K Feb 28, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$315K -14.6K -3.53% $21.63 398K Feb 28, 2022 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 Performance Stock Unit Award $0 +53.1K $0.00 53.1K Feb 28, 2022 Common Stock 53.1K Direct F1, F2
transaction RDFN Performance Stock Unit Options Exercise $0 -53.1K -100% $0.00* 0 Feb 28, 2022 Common Stock 53.1K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units convert into common stock on a one-for-one basis.
F2 The reporting person was granted these performance stock units (PSUs) on June 1, 2019. On February 28, 2022, the registrant's compensation committee certified achievement of the PSUs' performance conditions. On that date, the PSUs became fully vested.