Christopher John Nielsen - 20 Nov 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
20 Nov 2023
Net transactions value
-$41,656
Form type
4
Filing time
22 Nov 2023, 14:47:11 UTC
Previous filing
16 Nov 2023
Next filing
18 Dec 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 $0 +877 +0.22% $0.000000 405,971 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,376 -351 -0.09% $6.77 405,620 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +826 +0.2% $0.000000 406,446 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,234 -330 -0.08% $6.77 406,116 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +5,486 +1.4% $0.000000 411,602 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $14,833 -2,191 -0.53% $6.77 409,411 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +8,215 +2% $0.000000 417,626 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $22,212 -3,281 -0.79% $6.77 414,345 20 Nov 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 -877 -33% $0.000000 1,754 20 Nov 2023 Common Stock 877 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -826 -14% $0.000000 4,953 20 Nov 2023 Common Stock 826 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -5,486 -9.1% $0.000000 54,860 20 Nov 2023 Common Stock 5,486 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8,215 -14% $0.000000 49,288 20 Nov 2023 Common Stock 8,215 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis upon settlement.
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.