Anna Stevens - 20 Aug 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Human Resources Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2023
Net transactions value
-$214,303
Form type
4
Filing time
25 Aug 2023, 16:42:25 UTC
Previous filing
31 May 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 +66,519 66,519 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $203,405 -23,088 -35% $8.81 43,431 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +4,107 +9.5% 47,538 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $10,898 -1,237 -2.6% $8.81 46,301 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 -66,519 -40% $0.000000 99,778 20 Aug 2023 Common Stock 66,519 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,107 -12% $0.000000 28,751 20 Aug 2023 Common Stock 4,107 Direct F2, F3
* 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 will vest on August 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 August 20, 2026.
F2 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.
F3 Restricted stock units convert into common stock on a one-for-one basis upon settlement.