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

Role
Chief Legal Officer
Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
Aug 20, 2023
Transactions value $
-$25,020
Form type
4
Date filed
8/25/2023, 04:41 PM
Previous filing
May 31, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +526 +1.76% 30.4K Aug 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$1.14K -129 -0.42% $8.81 30.3K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +591 +1.95% 30.9K Aug 20, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$1.27K -144 -0.47% $8.81 30.7K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +3.97K +12.9% 34.7K Aug 20, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$8.51K -966 -2.78% $8.81 33.7K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +6.57K +19.47% 40.3K Aug 20, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$14.1K -1.6K -3.97% $8.81 38.7K 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 -526 -24.99% $0.00 1.58K Aug 20, 2023 Common Stock 526 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -591 -12.49% $0.00 4.14K Aug 20, 2023 Common Stock 591 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.97K -8.33% $0.00 43.6K Aug 20, 2023 Common Stock 3.97K Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -6.57K -12.5% $0.00 46K Aug 20, 2023 Common Stock 6.57K 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.