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

Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2022
Net transactions value
-$12,505
Form type
4
Filing time
23 Aug 2022, 16:33:23 UTC
Previous filing
17 Jun 2022
Next filing
22 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1,658 +2.2% 75,444 20 Aug 2022 Direct F1
transaction RDFN Common Stock Tax liability $6,168 -653 -0.87% $9.44 74,791 22 Aug 2022 Direct
transaction RDFN Common Stock Options Exercise +877 +1.2% 75,668 20 Aug 2022 Direct F1
transaction RDFN Common Stock Tax liability $3,268 -346 -0.46% $9.44 75,322 22 Aug 2022 Direct
transaction RDFN Common Stock Options Exercise +825 +1.1% 76,147 20 Aug 2022 Direct F1
transaction RDFN Common Stock Tax liability $3,070 -325 -0.43% $9.44 75,822 22 Aug 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 -1,658 -25% $0.000000 4,974 20 Aug 2022 Common Stock 1,658 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -12% $0.000000 6,139 20 Aug 2022 Common Stock 877 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -8.3% $0.000000 9,081 20 Aug 2022 Common Stock 825 Direct F1, F4
holding RDFN Restricted Stock Unit 87,774 20 Aug 2022 Common Stock 87,774 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, 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.
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.
F5 1/4 of the restricted stock units will vest on May 20, 2023, 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, 2026.