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

Role: President of Real Estate Ops.
Signature: /s/ Charles Lee, attorney-in-fact
Issuer symbol: RDFN
Transactions as of: 20 May 2022
Net transactions value: -$36,839
Form type: 4
Filing time: 24 May 2022, 16:03:08 UTC
Previous filing: 05 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		+1,547	+0.42%		367,250	20 May 2022	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$6,352	-609	-0.17%	$10.43	366,641	20 May 2022	Direct
transaction	RDFN	Common Stock	Options Exercise		+1,990	+0.54%		368,631	20 May 2022	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$8,177	-784	-0.21%	$10.43	367,847	20 May 2022	Direct
transaction	RDFN	Common Stock	Options Exercise		+1,017	+0.28%		368,864	20 May 2022	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$4,182	-401	-0.11%	$10.43	368,463	20 May 2022	Direct
transaction	RDFN	Common Stock	Options Exercise		+4,416	+1.2%		372,879	20 May 2022	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$18,127	-1,738	-0.47%	$10.43	371,141	20 May 2022	Direct
holding	RDFN	Common Stock						1,078	20 May 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	-1,547	-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	-1,017	-11%	$0.000000	8,139	20 May 2022	Common Stock	1,017		Direct	F1, F4
transaction	RDFN	Restricted Stock Unit	Options Exercise	$0	-4,416	-25%	$0.000000	13,250	20 May 2022	Common Stock	4,416		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.