Bridget Frey - 20 Feb 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Feb 2024
Net transactions value
-$30,708
Form type
4
Filing time
22 Feb 2024, 17:58:06 UTC
Previous filing
18 Dec 2023
Next filing
16 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $0 +982 +0.24% $0.000000 413,170 20 Feb 2024 Direct F1, F2
transaction RDFN Common Stock Tax liability $2,067 -297 -0.07% $6.96 412,873 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +841 +0.2% $0.000000 413,714 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,663 -239 -0.06% $6.96 413,475 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +4,627 +1.1% $0.000000 418,102 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $9,723 -1,397 -0.33% $6.96 416,705 20 Feb 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8,214 +2% $0.000000 424,919 20 Feb 2024 Direct F1
transaction RDFN Common Stock Tax liability $17,254 -2,479 -0.58% $6.96 422,440 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 -982 -50% $0.000000 983 20 Feb 2024 Common Stock 982 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -841 -17% $0.000000 4,207 20 Feb 2024 Common Stock 841 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,627 -10% $0.000000 41,641 20 Feb 2024 Common Stock 4,627 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -8,214 -17% $0.000000 41,074 20 Feb 2024 Common Stock 8,214 Direct F1, F6
* 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 Include 3,000 shares of common stock acquired pursuant to the issuer's employee stock purchase plan in a transaction that was exempt from reporting pursuant to Rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B).
F3 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.
F4 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.
F5 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.
F6 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.