Christopher John Nielsen - May 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
May 20, 2024
Transactions value $
-$27,310
Form type
4
Date filed
5/22/2024, 04:36 PM
Previous filing
Feb 22, 2024
Next filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $0 +877 +0.21% $0.00 416K May 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$1.56K -219 -0.05% $7.11 416K May 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +826 +0.2% $0.00 417K May 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$1.46K -206 -0.05% $7.11 416K May 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +5.49K +1.32% $0.00 422K May 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$9.73K -1.37K -0.32% $7.11 421K May 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8.22K +1.95% $0.00 429K May 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$14.6K -2.05K -0.48% $7.11 427K May 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 -100% $0.00* 0 May 20, 2024 Common Stock 877 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -826 -20.01% $0.00 3.3K May 20, 2024 Common Stock 826 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -5.49K -11.11% $0.00 43.9K May 20, 2024 Common Stock 5.49K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -8.22K -20% $0.00 32.9K May 20, 2024 Common Stock 8.22K 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.