Christopher John Nielsen - 20 May 2022 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 May 2022
Net transactions value
-$31,478
Form type
4
Filing time
24 May 2022, 16:01:40 UTC
Previous filing
17 May 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 +1,828 +2.6% 70,968 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $7,510 -720 -1% $10.43 70,248 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +1,658 +2.4% 71,906 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $6,811 -653 -0.91% $10.43 71,253 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +877 +1.2% 72,130 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $3,609 -346 -0.48% $10.43 71,784 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +3,301 +4.6% 75,085 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $13,549 -1,299 -1.7% $10.43 73,786 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 -1,828 -100% $0.000000* 0 20 May 2022 Common Stock 1,828 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,658 -20% $0.000000 6,632 20 May 2022 Common Stock 1,658 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -11% $0.000000 7,016 20 May 2022 Common Stock 877 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,301 -25% $0.000000 9,906 20 May 2022 Common Stock 3,301 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.