Anthony Ray Kappus - 20 Aug 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Legal Officer
Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
20 Aug 2023
Net transactions value
-$25,020
Form type
4
Filing time
25 Aug 2023, 16:41:35 UTC
Previous filing
31 May 2023
Next filing
01 Sep 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 +526 +1.8% 30,427 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $1,136 -129 -0.42% $8.81 30,298 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +591 +2% 30,889 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $1,269 -144 -0.47% $8.81 30,745 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +3,965 +13% 34,710 20 Aug 2023 Direct F3
transaction RDFN Common Stock Tax liability $8,510 -966 -2.8% $8.81 33,744 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +6,571 +19% 40,315 20 Aug 2023 Direct F4
transaction RDFN Common Stock Tax liability $14,105 -1,601 -4% $8.81 38,714 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 -526 -25% $0.000000 1,579 20 Aug 2023 Common Stock 526 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -591 -12% $0.000000 4,141 20 Aug 2023 Common Stock 591 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,965 -8.3% $0.000000 43,624 20 Aug 2023 Common Stock 3,965 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -6,571 -12% $0.000000 46,002 20 Aug 2023 Common Stock 6,571 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.