Adam Wiener - 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 $
-$15,291
Form type
4
Date filed
8/23/2022, 04:34 PM
Previous filing
Jun 14, 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 +1.99K +0.54% 373K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$7.4K -783 -0.21% $9.45 372K Aug 22, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.02K +0.27% 373K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$3.79K -401 -0.11% $9.45 373K Aug 22, 2022 Direct
transaction RDFN Common Stock Options Exercise +1.1K +0.3% 374K Aug 20, 2022 Direct F1
transaction RDFN Common Stock Tax liability -$4.11K -435 -0.12% $9.45 374K Aug 22, 2022 Direct
holding RDFN Common Stock 1.08K Aug 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 -1.99K -24.99% $0.00 5.97K Aug 20, 2022 Common Stock 1.99K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.02K -12.5% $0.00 7.12K Aug 20, 2022 Common Stock 1.02K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.1K -8.33% $0.00 12.1K Aug 20, 2022 Common Stock 1.1K Direct F1, F4
holding RDFN Restricted Stock Unit 106K Aug 20, 2022 Common Stock 106K 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.