Christopher John Nielsen - 28 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: 28 Feb 2023
Net transactions value: -$28,632
Form type: 4
Filing time: 02 Mar 2023, 16:38:58 UTC
Previous filing: 23 Feb 2023
Next filing: 24 May 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		+14,858	+19%		95,058	28 Feb 2023	Direct	F1
transaction	RDFN	Common Stock	Tax liability	$28,632	-3,864	-4.1%	$7.41	91,194	28 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	Performance Stock Unit	Award	$0	+14,858		$0.000000	14,858	28 Feb 2023	Common Stock	14,858		Direct	F1, F2
transaction	RDFN	Performance Stock Unit	Options Exercise	$0	-14,858	-100%	$0.000000^*	0	28 Feb 2023	Common Stock	14,858		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance stock units convert into common stock on a one-for-one basis.
F2	The reporting person was granted these performance stock units (PSUs) on December 1, 2020. On February 28, 2023, the registrant's compensation committee certified achievement of the PSUs' performance conditions. On that date, the PSUs became fully vested.