Adam Wiener - 20 Aug 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2023
Net transactions value
-$40,773
Form type
4
Filing time
25 Aug 2023, 16:43:06 UTC
Previous filing
15 Jun 2023
Next filing
14 Jun 2024
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 +1,018 +0.25% 415,811 20 Aug 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,185 -248 -0.06% $8.81 415,563 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +1,104 +0.27% 416,667 20 Aug 2023 Direct F2
transaction RDFN Common Stock Tax liability $2,370 -269 -0.06% $8.81 416,398 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +6,609 +1.6% 423,007 20 Aug 2023 Direct F3
transaction RDFN Common Stock Tax liability $14,184 -1,610 -0.38% $8.81 421,397 21 Aug 2023 Direct
transaction RDFN Common Stock Options Exercise +10,268 +2.4% 431,665 20 Aug 2023 Direct F4
transaction RDFN Common Stock Tax liability $22,034 -2,501 -0.58% $8.81 429,164 21 Aug 2023 Direct
holding RDFN Common Stock 1,078 20 Aug 2023 By spouse

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 -1,018 -25% $0.000000 3,052 20 Aug 2023 Common Stock 1,018 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,104 -12% $0.000000 7,730 20 Aug 2023 Common Stock 1,104 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -6,609 -8.3% $0.000000 72,705 20 Aug 2023 Common Stock 6,609 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -10,268 -12% $0.000000 71,878 20 Aug 2023 Common Stock 10,268 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.