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

Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
Nov 20, 2023
Transactions value $
-$50,626
Form type
4
Date filed
11/22/2023, 02:47 PM
Previous filing
Aug 25, 2023
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $0 +12.5K +26.94% $0.00 58.8K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$38.1K -5.63K -9.57% $6.77 53.1K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +4.11K +7.73% $0.00 57.3K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$12.5K -1.85K -3.24% $6.77 55.4K Nov 20, 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 -12.5K -12.5% $0.00 87.3K Nov 20, 2023 Common Stock 12.5K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.11K -14.28% $0.00 24.6K Nov 20, 2023 Common Stock 4.11K Direct F1, F3
* 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 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.
F3 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.