Bridget Frey - 20 Aug 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
20 Aug 2023
Net transactions value
-$31,478
Form type
4
Filing time
25 Aug 2023, 16:41:08 UTC
Previous filing
17 Aug 2023
Next filing
22 Nov 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 +982 +0.24% 413,903 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,114 -240 -0.06% $8.81 413,663 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +841 +0.2% 414,504 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $1,806 -205 -0.05% $8.81 414,299 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +4,626 +1.1% 418,925 20 Aug 2023 Direct F3
transaction RDFN Common Stock Tax liability $9,929 -1,127 -0.27% $8.81 417,798 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +8,214 +2% 426,012 20 Aug 2023 Direct F4
transaction RDFN Common Stock Tax liability $17,629 -2,001 -0.47% $8.81 424,011 21 Aug 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 -25% $0.000000 2,947 20 Aug 2023 Common Stock 982 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -841 -12% $0.000000 5,889 20 Aug 2023 Common Stock 841 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,626 -8.3% $0.000000 50,895 20 Aug 2023 Common Stock 4,626 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -8,214 -12% $0.000000 57,503 20 Aug 2023 Common Stock 8,214 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.