Anna Stevens - Aug 20, 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Human Resources Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2024
Transactions value $
-$65,290
Form type
4
Date filed
8/22/2024, 09:21 PM
Previous 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 +12.5K $0.00 12.5K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$33.8K -3.71K -29.74% $9.12 8.76K Aug 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +4.11K +46.87% $0.00 12.9K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$11.1K -1.22K -9.49% $9.12 11.6K Aug 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +7.49K +64.29% $0.00 19.1K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$20.3K -2.23K -11.64% $9.12 16.9K Aug 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 -12.5K -20% $0.00 49.9K Aug 20, 2024 Common Stock 12.5K Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -4.11K -25% $0.00 12.3K Aug 20, 2024 Common Stock 4.11K Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -7.49K -12.5% $0.00 52.4K Aug 20, 2024 Common Stock 7.49K Direct F1, F4
* 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 will vest on August 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 August 20, 2026.
F3 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.
F4 1/8 of the restricted stock units will vest on August 20, 2024 and quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2026.