Christopher John Nielsen - May 22, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 22, 2023
Transactions value $
-$64,907
Form type
4
Date filed
5/24/2023, 01:52 PM
Previous filing
Mar 2, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.66K +1.82% 92.9K May 22, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$4.25K -404 -0.44% $10.53 92.4K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +877 +0.95% 93.3K May 22, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$2.25K -214 -0.23% $10.53 93.1K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +826 +0.89% 93.9K May 22, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$2.13K -202 -0.22% $10.53 93.7K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +21.9K +23.41% 116K May 22, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$56.3K -5.34K -4.62% $10.53 110K May 22, 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 -1.66K -100% $0.00* 0 May 22, 2023 Common Stock 1.66K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -877 -20% $0.00 3.51K May 22, 2023 Common Stock 877 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -826 -11.12% $0.00 6.6K May 22, 2023 Common Stock 826 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -21.9K -25% $0.00 65.8K May 22, 2023 Common Stock 21.9K 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.