Adam Wiener - May 22, 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
May 22, 2023
Transactions value $
-$78,343
Form type
4
Date filed
5/24/2023, 01:52 PM
Previous filing
Mar 2, 2023
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.99K +0.51% 394K May 22, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$5.11K -485 -0.12% $10.53 393K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +1.02K +0.26% 394K May 22, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$2.61K -248 -0.06% $10.53 394K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +1.1K +0.28% 395K May 22, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$2.83K -269 -0.07% $10.53 395K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +26.4K +6.7% 421K May 22, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$67.8K -6.44K -1.53% $10.53 415K May 22, 2023 Direct
holding RDFN Common Stock 1.08K May 22, 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 -1.99K -100% $0.00* 0 May 22, 2023 Common Stock 1.99K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.02K -19.99% $0.00 4.07K May 22, 2023 Common Stock 1.02K Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.1K -11.11% $0.00 8.83K May 22, 2023 Common Stock 1.1K Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -26.4K -25% $0.00 79.3K May 22, 2023 Common Stock 26.4K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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, 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.
F4 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.
F5 Restricted stock units convert into common stock on a one-for-one basis.