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

Role
Chief Growth Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
May 22, 2023
Transactions value $
-$49,965
Form type
4
Date filed
5/24/2023, 01:52 PM
Previous filing
Apr 11, 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 +2.93K +8.5% 37.4K May 22, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$7.52K -714 -1.91% $10.53 36.7K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +596 +1.62% 37.3K May 22, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$1.54K -146 -0.39% $10.53 37.2K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +618 +1.66% 37.8K May 22, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$1.59K -151 -0.4% $10.53 37.6K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +15.3K +40.75% 53K May 22, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$39.3K -3.73K -7.05% $10.53 49.2K 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 -2.93K -33.33% $0.00 5.86K May 22, 2023 Common Stock 2.93K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -596 -19.99% $0.00 2.39K May 22, 2023 Common Stock 596 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -618 -11.12% $0.00 4.94K May 22, 2023 Common Stock 618 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -15.3K -25% $0.00 46K May 22, 2023 Common Stock 15.3K 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 November 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 November 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.