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

Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2022
Transactions value $
-$12,505
Form type
4
Date filed
8/23/2022, 04:33 PM
Previous filing
Jun 17, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.66K +2.25% 75.4K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$6.17K -653 -0.87% $9.45 74.8K Aug 22, 2022 Direct
transaction RDFN Common Stock Options Exercise +877 +1.17% 75.7K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$3.27K -346 -0.46% $9.45 75.3K Aug 22, 2022 Direct
transaction RDFN Common Stock Options Exercise +825 +1.1% 76.1K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$3.07K -325 -0.43% $9.45 75.8K Aug 22, 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 -1.66K -25% $0.00 4.97K Aug 20, 2022 Common Stock 1.66K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -12.5% $0.00 6.14K Aug 20, 2022 Common Stock 877 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -8.33% $0.00 9.08K Aug 20, 2022 Common Stock 825 Direct F1, F4
holding RDFN Restricted Stock Unit 87.8K Aug 20, 2022 Common Stock 87.8K 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.