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

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Feb 20, 2024
Transactions value $
-$32,002
Form type
4
Date filed
2/22/2024, 05:56 PM
Previous filing
Dec 18, 2023
Next filing
May 22, 2024

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% $0.00 405K Feb 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$1.47K -211 -0.05% $6.96 405K Feb 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +825 +0.2% $0.00 406K Feb 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$1.77K -254 -0.06% $6.96 406K Feb 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +5.49K +1.35% $0.00 411K Feb 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$11.2K -1.61K -0.39% $6.96 409K Feb 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8.21K +2.01% $0.00 418K Feb 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$17.6K -2.53K -0.61% $6.96 415K Feb 20, 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% $0.00 877 Feb 20, 2024 Common Stock 877 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -825 -16.66% $0.00 4.13K Feb 20, 2024 Common Stock 825 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -5.49K -10% $0.00 49.4K Feb 20, 2024 Common Stock 5.49K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8.21K -16.67% $0.00 41.1K Feb 20, 2024 Common Stock 8.21K 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.