Christopher John Nielsen - 20 Feb 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Feb 2023
Net transactions value
-$8,490
Form type
4
Filing time
23 Feb 2023, 18:58:45 UTC
Previous filing
22 Nov 2022
Next filing
02 Mar 2023
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 +825 +1.1% 78,683 20 Feb 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,085 -250 -0.32% $8.34 78,433 21 Feb 2023 Direct
transaction RDFN Common Stock Options Exercise +1,658 +2.1% 80,091 20 Feb 2023 Direct F1
transaction RDFN Common Stock Tax liability $4,187 -502 -0.63% $8.34 79,589 21 Feb 2023 Direct
transaction RDFN Common Stock Options Exercise +877 +1.1% 80,466 21 Feb 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,218 -266 -0.33% $8.34 80,200 21 Feb 2023 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 -825 -10% $0.000000 7,430 20 Feb 2023 Common Stock 825 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,658 -50% $0.000000 1,658 20 Feb 2023 Common Stock 1,658 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -17% $0.000000 4,385 20 Feb 2023 Common Stock 877 Direct F1, F4
* 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, 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.
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.