Christopher John Nielsen - May 20, 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2022
Transactions value $
-$31,478
Form type
4
Date filed
5/24/2022, 04:01 PM
Previous filing
May 17, 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 +1.83K +2.64% 71K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$7.51K -720 -1.01% $10.43 70.2K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.66K +2.36% 71.9K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$6.81K -653 -0.91% $10.43 71.3K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +877 +1.23% 72.1K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$3.61K -346 -0.48% $10.43 71.8K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +3.3K +4.6% 75.1K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$13.5K -1.3K -1.73% $10.43 73.8K 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 -1.83K -100% $0.00* 0 May 20, 2022 Common Stock 1.83K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.66K -20% $0.00 6.63K May 20, 2022 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -11.11% $0.00 7.02K May 20, 2022 Common Stock 877 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.3K -24.99% $0.00 9.91K May 20, 2022 Common Stock 3.3K 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.