Christian John Taubman - 20 May 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2022
Net transactions value
-$24,636
Form type
4
Filing time
24 May 2022, 16:02:23 UTC
Previous filing
02 Mar 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 +2,931 +6.3% 49,711 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $12,036 -1,154 -2.3% $10.43 48,557 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +596 +1.2% 49,153 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $2,451 -235 -0.48% $10.43 48,918 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +2,471 +5.1% 51,389 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $10,148 -973 -1.9% $10.43 50,416 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 -2,931 -14% $0.000000 17,588 20 May 2022 Common Stock 2,931 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -596 -11% $0.000000 4,771 20 May 2022 Common Stock 596 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -2,471 -25% $0.000000 7,413 20 May 2022 Common Stock 2,471 Direct F1, F4
* 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 November 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 November 20, 2023.
F3 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.
F4 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.