Bridget Frey - 20 Nov 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
20 Nov 2023
Net transactions value
-$24,189
Form type
4
Filing time
22 Nov 2023, 14:47:58 UTC
Previous filing
25 Aug 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 +982 +0.23% $0.000000 424,993 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $1,625 -240 -0.06% $6.77 424,753 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +841 +0.2% $0.000000 425,594 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $1,388 -205 -0.05% $6.77 425,389 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +4,627 +1.1% $0.000000 430,016 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $7,630 -1,127 -0.26% $6.77 428,889 20 Nov 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +8,215 +1.9% $0.000000 437,104 20 Nov 2023 Direct F1
transaction RDFN Common Stock Tax liability $13,547 -2,001 -0.46% $6.77 435,103 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 -982 -33% $0.000000 1,965 20 Nov 2023 Common Stock 982 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -841 -14% $0.000000 5,048 20 Nov 2023 Common Stock 841 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,627 -9.1% $0.000000 46,268 20 Nov 2023 Common Stock 4,627 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.