ANNA STEVENS - 20 Nov 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Human Resources Officer
Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
20 Nov 2023
Net transactions value
-$50,626
Form type
4
Filing time
22 Nov 2023, 14:47:42 UTC
Previous filing
25 Aug 2023
Next filing
01 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 +12,472 +27% $0.000000 58,773 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $38,081 -5,625 -9.6% $6.77 53,148 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +4,107 +7.7% $0.000000 57,255 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $12,545 -1,853 -3.2% $6.77 55,402 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 -12,472 -12% $0.000000 87,306 20 Nov 2023 Common Stock 12,472 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,107 -14% $0.000000 24,644 20 Nov 2023 Common Stock 4,107 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.