Anthony Ray Kappus - 20 May 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Legal Officer
Signature
Chris
Issuer symbol
RDFN
Transactions as of
20 May 2024
Net transactions value
-$81,584
Form type
4
Filing time
22 May 2024, 16:34:59 UTC
Previous filing
22 Feb 2024
Next filing
29 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 +527 +3.4% $0.000000 16,004 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $917 -129 -0.81% $7.11 15,875 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +592 +3.7% $0.000000 16,467 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,031 -145 -0.88% $7.11 16,322 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +3,966 +24% $0.000000 20,288 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $6,868 -966 -4.8% $7.11 19,322 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +6,572 +34% $0.000000 25,894 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $11,383 -1,601 -6.2% $7.11 24,293 20 May 2024 Direct
transaction RDFN Common Stock Sale $61,385 -8,816 -36% $6.96 15,477 21 May 2024 Direct F2

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 -527 -100% $0.000000* 0 20 May 2024 Common Stock 527 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -592 -20% $0.000000 2,366 20 May 2024 Common Stock 592 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -3,966 -11% $0.000000 31,726 20 May 2024 Common Stock 3,966 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -6,572 -20% $0.000000 26,287 20 May 2024 Common Stock 6,572 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 The reporting person executed the transaction in multiple trades at prices ranging from $6.92 to $7.05. The reported price reflects the weighted average price of all trades. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares traded at each separate price.
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.