Christopher John Nielsen - 20 Feb 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Feb 2024
Net transactions value
-$32,002
Form type
4
Filing time
22 Feb 2024, 17:56:47 UTC
Previous filing
18 Dec 2023
Next filing
22 May 2024
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 405,222 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,469 -211 -0.05% $6.96 405,011 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +825 +0.2% $0.000000 405,836 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,768 -254 -0.06% $6.96 405,582 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +5,486 +1.4% $0.000000 411,068 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $11,178 -1,606 -0.39% $6.96 409,462 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8,214 +2% $0.000000 417,676 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $17,588 -2,527 -0.61% $6.96 415,149 20 Feb 2024 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 -50% $0.000000 877 20 Feb 2024 Common Stock 877 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -17% $0.000000 4,128 20 Feb 2024 Common Stock 825 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -5,486 -10% $0.000000 49,374 20 Feb 2024 Common Stock 5,486 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8,214 -17% $0.000000 41,074 20 Feb 2024 Common Stock 8,214 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.