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

Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2024
Net transactions value
-$25,411
Form type
4
Filing time
22 May 2024, 16:35:13 UTC
Previous filing
16 May 2024
Next filing
29 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $0 +983 +0.23% $0.000000 429,932 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,706 -240 -0.06% $7.11 429,692 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +842 +0.2% $0.000000 430,534 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,465 -206 -0.05% $7.11 430,328 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +4,627 +1.1% $0.000000 434,955 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $8,013 -1,127 -0.26% $7.11 433,828 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8,215 +1.9% $0.000000 442,043 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $14,227 -2,001 -0.45% $7.11 440,042 20 May 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 -983 -100% $0.000000* 0 20 May 2024 Common Stock 983 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -842 -20% $0.000000 3,365 20 May 2024 Common Stock 842 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,627 -11% $0.000000 37,014 20 May 2024 Common Stock 4,627 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8,215 -20% $0.000000 32,859 20 May 2024 Common Stock 8,215 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.