Christian John Taubman - Aug 20, 2024 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Aug 20, 2024
Transactions value $
-$86,702
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 +617 +1.08% $0.00 57.9K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$1.38K -151 -0.26% $9.12 57.7K Aug 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +3.83K +6.64% $0.00 61.6K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$8.52K -934 -1.52% $9.12 60.6K Aug 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +6.57K +10.84% $0.00 67.2K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$14.6K -1.6K -2.38% $9.12 65.6K Aug 20, 2024 Direct
transaction RDFN Common Stock Options Exercise $0 +12.9K +19.63% $0.00 78.5K Aug 20, 2024 Direct F1
transaction RDFN Common Stock Tax liability -$28.6K -3.14K -4% $9.12 75.4K Aug 20, 2024 Direct
transaction RDFN Common Stock Sale -$33.6K -3.63K -4.82% $9.25 71.7K Aug 21, 2024 Direct F2

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 -617 -24.97% $0.00 1.85K Aug 20, 2024 Common Stock 617 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.83K -12.5% $0.00 26.8K Aug 20, 2024 Common Stock 3.83K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -6.57K -25% $0.00 19.7K Aug 20, 2024 Common Stock 6.57K Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -12.9K -12.5% $0.00 90.2K Aug 20, 2024 Common Stock 12.9K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis upon settlement.
F2 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2023.
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.
F6 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.