Christopher John Nielsen - 22 May 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
22 May 2023
Net transactions value
-$64,907
Form type
4
Filing time
24 May 2023, 13:52:29 UTC
Previous filing
02 Mar 2023
Next filing
30 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 +1,658 +1.8% 92,852 22 May 2023 Direct F1
transaction RDFN Common Stock Tax liability $4,254 -404 -0.44% $10.53 92,448 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +877 +0.95% 93,325 22 May 2023 Direct F2
transaction RDFN Common Stock Tax liability $2,253 -214 -0.23% $10.53 93,111 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +826 +0.89% 93,937 22 May 2023 Direct F3
transaction RDFN Common Stock Tax liability $2,127 -202 -0.22% $10.53 93,735 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +21,943 +23% 115,678 22 May 2023 Direct F4
transaction RDFN Common Stock Tax liability $56,272 -5,344 -4.6% $10.53 110,334 22 May 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 -1,658 -100% $0.000000* 0 22 May 2023 Common Stock 1,658 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -20% $0.000000 3,508 22 May 2023 Common Stock 877 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -826 -11% $0.000000 6,604 22 May 2023 Common Stock 826 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -21,943 -25% $0.000000 65,831 22 May 2023 Common Stock 21,943 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.