Adam Wiener - Feb 20, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Feb 20, 2023
Transactions value $
-$10,375
Form type
4
Date filed
2/23/2023, 06:59 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 +1.02K +0.27% 377K Feb 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.57K -308 -0.08% $8.34 377K Feb 21, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +1.99K +0.53% $0.00 379K Feb 20, 2023 Direct
transaction RDFN Common Stock Tax liability -$5.02K -602 -0.16% $8.34 378K Feb 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +1.1K +0.29% 379K Feb 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.79K -334 -0.09% $8.34 379K Feb 21, 2023 Direct
holding RDFN Common Stock 1.08K Feb 20, 2023 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 -1.02K -16.66% $0.00 5.09K Feb 20, 2023 Common Stock 1.02K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.99K -49.99% $0.00 1.99K Feb 20, 2023 Common Stock 1.99K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.1K -10% $0.00 9.94K Feb 20, 2023 Common Stock 1.1K 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, 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.
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, 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.