ANNA STEVENS - 20 Aug 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Human Resources Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Aug 2024
Net transactions value
-$65,290
Form type
4
Filing time
22 Aug 2024, 21:21:26 UTC
Previous filing
29 May 2024
Next filing
22 Nov 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 +12,473 $0.000000 12,473 20 Aug 2024 Direct F1
transaction RDFN Common Stock Tax liability $33,835 -3,710 -30% $9.12 8,763 20 Aug 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +4,107 +47% $0.000000 12,870 20 Aug 2024 Direct F1
transaction RDFN Common Stock Tax liability $11,145 -1,222 -9.5% $9.12 11,648 20 Aug 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +7,488 +64% $0.000000 19,136 20 Aug 2024 Direct F1
transaction RDFN Common Stock Tax liability $20,310 -2,227 -12% $9.12 16,909 20 Aug 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 -12,473 -20% $0.000000 49,888 20 Aug 2024 Common Stock 12,473 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -4,107 -25% $0.000000 12,322 20 Aug 2024 Common Stock 4,107 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -7,488 -12% $0.000000 52,416 20 Aug 2024 Common Stock 7,488 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.