Bridget Frey - 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 $
-$24,189
Form type
4
Date filed
11/22/2023, 02:47 PM
Previous filing
Aug 25, 2023
Next filing
Dec 18, 2023

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% $0.00 425K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$1.62K -240 -0.06% $6.77 425K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +841 +0.2% $0.00 426K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$1.39K -205 -0.05% $6.77 425K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +4.63K +1.09% $0.00 430K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$7.63K -1.13K -0.26% $6.77 429K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +8.22K +1.92% $0.00 437K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$13.5K -2K -0.46% $6.77 435K 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 -982 -33.32% $0.00 1.97K Nov 20, 2023 Common Stock 982 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -841 -14.28% $0.00 5.05K Nov 20, 2023 Common Stock 841 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.63K -9.09% $0.00 46.3K Nov 20, 2023 Common Stock 4.63K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8.22K -14.29% $0.00 49.3K Nov 20, 2023 Common Stock 8.22K 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.