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

Role
Chief Legal Officer
Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
May 22, 2023
Transactions value $
-$46,332
Form type
4
Date filed
5/24/2023, 01:53 PM
Previous filing
Mar 3, 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 +1.08K +6.64% 17.3K May 22, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.77K -263 -1.52% $10.53 17.1K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +527 +3.09% 17.6K May 22, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$1.36K -129 -0.73% $10.53 17.5K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +592 +3.39% 18K May 22, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$1.53K -145 -0.8% $10.53 17.9K May 22, 2023 Direct
transaction RDFN Common Stock Options Exercise +15.9K +88.6% 33.8K May 22, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$40.7K -3.86K -11.44% $10.53 29.9K 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 -1.08K -100% $0.00* 0 May 22, 2023 Common Stock 1.08K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -527 -20.02% $0.00 2.11K May 22, 2023 Common Stock 527 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -592 -11.12% $0.00 4.73K May 22, 2023 Common Stock 592 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -15.9K -25% $0.00 47.6K May 22, 2023 Common Stock 15.9K 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.