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

Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
22 May 2023
Net transactions value
-$49,965
Form type
4
Filing time
24 May 2023, 13:52:47 UTC
Previous filing
11 Apr 2023
Next filing
31 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +2,931 +8.5% 37,423 22 May 2023 Direct F1
transaction RDFN Common Stock Tax liability $7,518 -714 -1.9% $10.53 36,709 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +596 +1.6% 37,305 22 May 2023 Direct F2
transaction RDFN Common Stock Tax liability $1,537 -146 -0.39% $10.53 37,159 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +618 +1.7% 37,777 22 May 2023 Direct F3
transaction RDFN Common Stock Tax liability $1,590 -151 -0.4% $10.53 37,626 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +15,334 +41% 52,960 22 May 2023 Direct F4
transaction RDFN Common Stock Tax liability $39,319 -3,734 -7.1% $10.53 49,226 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 -2,931 -33% $0.000000 5,863 22 May 2023 Common Stock 2,931 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -596 -20% $0.000000 2,386 22 May 2023 Common Stock 596 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -618 -11% $0.000000 4,942 22 May 2023 Common Stock 618 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -15,334 -25% $0.000000 46,002 22 May 2023 Common Stock 15,334 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.