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

Role
Chief Human Resources Officer
Signature
/s/ Charles Lee, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2023
Transactions value $
-$214,303
Form type
4
Date filed
8/25/2023, 04:42 PM
Previous filing
May 31, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +66.5K 66.5K Aug 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$203K -23.1K -34.71% $8.81 43.4K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +4.11K +9.46% 47.5K Aug 20, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$10.9K -1.24K -2.6% $8.81 46.3K 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 -66.5K -40% $0.00 99.8K Aug 20, 2023 Common Stock 66.5K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.11K -12.5% $0.00 28.8K Aug 20, 2023 Common Stock 4.11K 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.