Anthony Ray Kappus - 22 May 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Legal Officer
Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
22 May 2023
Net transactions value
-$46,332
Form type
4
Filing time
24 May 2023, 13:53:05 UTC
Previous filing
03 Mar 2023
Next filing
31 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 +1,078 +6.6% 17,320 22 May 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,769 -263 -1.5% $10.53 17,057 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +527 +3.1% 17,584 22 May 2023 Direct F2
transaction RDFN Common Stock Tax liability $1,358 -129 -0.73% $10.53 17,455 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +592 +3.4% 18,047 22 May 2023 Direct F3
transaction RDFN Common Stock Tax liability $1,527 -145 -0.8% $10.53 17,902 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +15,862 +89% 33,764 22 May 2023 Direct F4
transaction RDFN Common Stock Tax liability $40,677 -3,863 -11% $10.53 29,901 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 -1,078 -100% $0.000000* 0 22 May 2023 Common Stock 1,078 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -527 -20% $0.000000 2,105 22 May 2023 Common Stock 527 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -592 -11% $0.000000 4,732 22 May 2023 Common Stock 592 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -15,862 -25% $0.000000 47,589 22 May 2023 Common Stock 15,862 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.