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

Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Feb 20, 2023
Transactions value $
-$8,490
Form type
4
Date filed
2/23/2023, 06:58 PM
Previous filing
Nov 22, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +825 +1.06% 78.7K Feb 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.09K -250 -0.32% $8.34 78.4K Feb 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +1.66K +2.11% 80.1K Feb 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$4.19K -502 -0.63% $8.34 79.6K Feb 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +877 +1.1% 80.5K Feb 21, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.22K -266 -0.33% $8.34 80.2K Feb 21, 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 -9.99% $0.00 7.43K Feb 20, 2023 Common Stock 825 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.66K -50% $0.00 1.66K Feb 20, 2023 Common Stock 1.66K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -16.67% $0.00 4.39K Feb 20, 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.