Bridget Frey - Aug 20, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2023
Transactions value $
-$31,478
Form type
4
Date filed
8/25/2023, 04:41 PM
Previous filing
Aug 17, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +982 +0.24% 414K Aug 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.11K -240 -0.06% $8.81 414K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +841 +0.2% 415K Aug 20, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$1.81K -205 -0.05% $8.81 414K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +4.63K +1.12% 419K Aug 20, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$9.93K -1.13K -0.27% $8.81 418K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +8.21K +1.97% 426K Aug 20, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$17.6K -2K -0.47% $8.81 424K Aug 21, 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 -982 -24.99% $0.00 2.95K Aug 20, 2023 Common Stock 982 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -841 -12.5% $0.00 5.89K Aug 20, 2023 Common Stock 841 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.63K -8.33% $0.00 50.9K Aug 20, 2023 Common Stock 4.63K Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -8.21K -12.5% $0.00 57.5K Aug 20, 2023 Common Stock 8.21K 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, 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.
F2 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.
F3 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.
F4 1/8 of the restricted stock units will vest on August 20, 2023 and quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025.
F5 Restricted stock units convert into common stock on a one-for-one basis upon settlement.