David H. Lissy - Jun 16, 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Director
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Jun 16, 2024
Transactions value $
$0
Form type
4
Date filed
6/20/2024, 04:28 PM
Previous filing
Jun 10, 2024

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 -19.4K -100% $0.00* 0 Jun 16, 2024 Common Stock 19.4K Direct F1, F2
transaction RDFN Phantom Stock Options Exercise $0 +19.4K +76.16% $0.00 44.8K Jun 16, 2024 Common Stock 19.4K Direct F1
* 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. However, the reporting person has deferred receipt of common stock until the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer. The reporting person holds phantom stock while receipt of common stock is being deferred.
F2 The restricted stock units vested on June 16, 2024. Vested shares will be delivered to the reporting person on the 60th day following the earlier of (i) the reporting person's termination of service with the issuer and (ii) a change in control of the issuer.