Bridget Frey - 22 May 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
22 May 2023
Net transactions value
-$57,262
Form type
4
Filing time
24 May 2023, 13:53:22 UTC
Previous filing
03 May 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 +1,990 +0.48% 413,028 22 May 2023 Direct F1
transaction RDFN Common Stock Tax liability $5,107 -485 -0.12% $10.53 412,543 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +983 +0.24% 413,526 22 May 2023 Direct F2
transaction RDFN Common Stock Tax liability $2,527 -240 -0.06% $10.53 413,286 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +842 +0.2% 414,128 22 May 2023 Direct F3
transaction RDFN Common Stock Tax liability $2,169 -206 -0.05% $10.53 413,922 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +18,506 +4.5% 432,428 22 May 2023 Direct F4
transaction RDFN Common Stock Tax liability $47,459 -4,507 -1% $10.53 427,921 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 -1,990 -100% $0.000000* 0 22 May 2023 Common Stock 1,990 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -983 -20% $0.000000 3,929 22 May 2023 Common Stock 983 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -842 -11% $0.000000 6,730 22 May 2023 Common Stock 842 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -18,506 -25% $0.000000 55,521 22 May 2023 Common Stock 18,506 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.