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

Role
Chief Technology Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2022
Net transactions value
-$32,375
Form type
4
Filing time
24 May 2022, 16:00:20 UTC
Previous filing
07 Apr 2022
Next filing
31 May 2022
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 +1,547 +0.44% 350,503 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $6,352 -609 -0.17% $10.43 349,894 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +1,990 +0.57% 351,884 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $8,177 -784 -0.22% $10.43 351,100 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +983 +0.28% 352,083 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $4,036 -387 -0.11% $10.43 351,696 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +3,364 +0.96% 355,060 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $13,809 -1,324 -0.37% $10.43 353,736 20 May 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 -1,547 -100% $0.000000* 0 20 May 2022 Common Stock 1,547 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,990 -20% $0.000000 7,958 20 May 2022 Common Stock 1,990 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -983 -11% $0.000000 7,858 20 May 2022 Common Stock 983 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,364 -25% $0.000000 10,095 20 May 2022 Common Stock 3,364 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.