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

Role
President of Real Estate Ops.
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2023
Transactions value $
-$40,773
Form type
4
Date filed
8/25/2023, 04:43 PM
Previous filing
Jun 15, 2023
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +1.02K +0.25% 416K Aug 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$2.18K -248 -0.06% $8.81 416K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +1.1K +0.27% 417K Aug 20, 2023 Direct F2
transaction RDFN Common Stock Tax liability -$2.37K -269 -0.06% $8.81 416K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +6.61K +1.59% 423K Aug 20, 2023 Direct F3
transaction RDFN Common Stock Tax liability -$14.2K -1.61K -0.38% $8.81 421K Aug 21, 2023 Direct
transaction RDFN Common Stock Options Exercise +10.3K +2.44% 432K Aug 20, 2023 Direct F4
transaction RDFN Common Stock Tax liability -$22K -2.5K -0.58% $8.81 429K Aug 21, 2023 Direct
holding RDFN Common Stock 1.08K Aug 20, 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 -1.02K -25.01% $0.00 3.05K Aug 20, 2023 Common Stock 1.02K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1.1K -12.5% $0.00 7.73K Aug 20, 2023 Common Stock 1.1K Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -6.61K -8.33% $0.00 72.7K Aug 20, 2023 Common Stock 6.61K Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -10.3K -12.5% $0.00 71.9K Aug 20, 2023 Common Stock 10.3K 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.