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

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2023
Net transactions value
-$54,199
Form type
4
Filing time
25 Aug 2023, 16:41:57 UTC
Previous filing
31 May 2023
Next filing
18 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 +877 +0.21% 426,722 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $3,092 -351 -0.08% $8.81 426,371 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +825 +0.19% 427,196 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $2,907 -330 -0.08% $8.81 426,866 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +5,485 +1.3% 432,351 20 Aug 2023 Direct F3
transaction RDFN Common Stock Tax liability $19,303 -2,191 -0.51% $8.81 430,160 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +8,214 +1.9% 438,374 20 Aug 2023 Direct F4
transaction RDFN Common Stock Tax liability $28,897 -3,280 -0.75% $8.81 435,094 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 -877 -25% $0.000000 2,631 20 Aug 2023 Common Stock 877 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -12% $0.000000 5,779 20 Aug 2023 Common Stock 825 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -5,485 -8.3% $0.000000 60,346 20 Aug 2023 Common Stock 5,485 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.