Christian John Taubman - 20 Aug 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2023
Net transactions value
-$31,240
Form type
4
Filing time
25 Aug 2023, 16:42:49 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 +2,931 +6% 52,157 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $6,290 -714 -1.4% $8.81 51,443 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +597 +1.2% 52,040 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $1,286 -146 -0.28% $8.81 51,894 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +617 +1.2% 52,511 20 Aug 2023 Direct F3
transaction RDFN Common Stock Tax liability $1,330 -151 -0.29% $8.81 52,360 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +3,833 +7.3% 56,193 20 Aug 2023 Direct F4
transaction RDFN Common Stock Tax liability $8,229 -934 -1.7% $8.81 55,259 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +6,571 +12% 61,830 20 Aug 2023 Direct F5
transaction RDFN Common Stock Tax liability $14,105 -1,601 -2.6% $8.81 60,229 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 -2,931 -50% $0.000000 2,932 20 Aug 2023 Common Stock 2,931 Direct F1, F6
transaction RDFN Restricted Stock Unit Options Exercise $0 -597 -25% $0.000000 1,789 20 Aug 2023 Common Stock 597 Direct F2, F6
transaction RDFN Restricted Stock Unit Options Exercise $0 -617 -12% $0.000000 4,325 20 Aug 2023 Common Stock 617 Direct F3, F6
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,833 -8.3% $0.000000 42,169 20 Aug 2023 Common Stock 3,833 Direct F4, F6
transaction RDFN Restricted Stock Unit Options Exercise $0 -6,571 -12% $0.000000 46,002 20 Aug 2023 Common Stock 6,571 Direct F5, F6
* 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 November 20, 2020, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by November 20, 2023.
F2 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.
F3 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.
F4 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.
F5 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.
F6 Restricted stock units convert into common stock on a one-for-one basis upon settlement.