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

Role
Chief Financial Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2024
Net transactions value
-$27,310
Form type
4
Filing time
22 May 2024, 16:36:35 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 +877 +0.21% $0.000000 416,026 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,557 -219 -0.05% $7.11 415,807 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +826 +0.2% $0.000000 416,633 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $1,465 -206 -0.05% $7.11 416,427 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +5,486 +1.3% $0.000000 421,913 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $9,726 -1,368 -0.32% $7.11 420,545 20 May 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +8,215 +2% $0.000000 428,760 20 May 2024 Direct F1
transaction RDFN Common Stock Tax liability $14,561 -2,048 -0.48% $7.11 426,712 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 -877 -100% $0.000000* 0 20 May 2024 Common Stock 877 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -826 -20% $0.000000 3,302 20 May 2024 Common Stock 826 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -5,486 -11% $0.000000 43,888 20 May 2024 Common Stock 5,486 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.