Christopher John Nielsen - Aug 20, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2023
Transactions value $
-$54,199
Form type
4
Date filed
8/25/2023, 04:41 PM
Previous filing
May 31, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +877 +0.21% 427K Aug 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$3.09K -351 -0.08% $8.81 426K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +825 +0.19% 427K Aug 20, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$2.91K -330 -0.08% $8.81 427K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +5.49K +1.28% 432K Aug 20, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$19.3K -2.19K -0.51% $8.81 430K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +8.21K +1.91% 438K Aug 20, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$28.9K -3.28K -0.75% $8.81 435K 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 -877 -25% $0.00 2.63K Aug 20, 2023 Common Stock 877 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -12.49% $0.00 5.78K Aug 20, 2023 Common Stock 825 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -5.49K -8.33% $0.00 60.3K Aug 20, 2023 Common Stock 5.49K 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.