Adam Wiener - May 20, 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 20, 2022
Transactions value $
-$36,839
Form type
4
Date filed
5/24/2022, 04:03 PM
Previous filing
May 5, 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 +0.42% 367K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$6.35K -609 -0.17% $10.43 367K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.99K +0.54% 369K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$8.18K -784 -0.21% $10.43 368K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.02K +0.28% 369K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$4.18K -401 -0.11% $10.43 368K May 20, 2022 Direct
transaction RDFN Common Stock Options Exercise +4.42K +1.2% 373K May 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$18.1K -1.74K -0.47% $10.43 371K May 20, 2022 Direct
holding RDFN Common Stock 1.08K May 20, 2022 By spouse

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 -1.02K -11.11% $0.00 8.14K May 20, 2022 Common Stock 1.02K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.42K -25% $0.00 13.3K May 20, 2022 Common Stock 4.42K 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.