David H. Lissy - Jun 20, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role: Director
Signature: /s/ Anthony Kappus, attorney-in-fact
Stock symbol: RDFN
Transactions as of: Jun 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/22/2023, 03:47 PM
Previous filing: Jun 15, 2023
Next filing: Jun 22, 2023

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	-17K	-100%	$0.00^*	0	Jun 20, 2023	Common Stock	17K		Direct	F1, F2
transaction	RDFN	Phantom Stock	Options Exercise	$0	+17K	+202.75%	$0.00	25.4K	Jun 20, 2023	Common Stock	17K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units convert into common stock on a one-for-one basis upon settlement. However, the reporting person has deferred receipt of common stock until the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer. The reporting person holds phantom stock while receipt of common stock is being deferred.
F2	The restricted stock units will vest on June 17, 2023. Vested shares will be delivered to the reporting person on the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer.

Content

The restricted stock units convert into common stock on a one-for-one basis upon settlement. However, the reporting person has deferred receipt of common stock until the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer. The reporting person holds phantom stock while receipt of common stock is being deferred.

The restricted stock units will vest on June 17, 2023. Vested shares will be delivered to the reporting person on the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer.