Bridget Frey - May 20, 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2022
Transactions value $
-$32,375
Form type
4
Date filed
5/24/2022, 04:00 PM
Previous filing
Apr 7, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.55K +0.44% 351K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$6.35K -609 -0.17% $10.43 350K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.99K +0.57% 352K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$8.18K -784 -0.22% $10.43 351K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +983 +0.28% 352K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$4.04K -387 -0.11% $10.43 352K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +3.36K +0.96% 355K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$13.8K -1.32K -0.37% $10.43 354K May 20, 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 Restricted Stock Unit Options Exercise $0 -1.55K -100% $0.00* 0 May 20, 2022 Common Stock 1.55K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.99K -20% $0.00 7.96K May 20, 2022 Common Stock 1.99K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -983 -11.12% $0.00 7.86K May 20, 2022 Common Stock 983 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.36K -24.99% $0.00 10.1K May 20, 2022 Common Stock 3.36K 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 vested quarterly thereafter, such that 100% of the restricted stock units 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 vested 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.