Robert L. Reffkin - 03 Jun 2022 Form 4 Insider Report for Compass, Inc. (COMP)

Role: Chairman and CEO, Director
Signature: /s/ Bradley K. Serwin, as attorney-in-fact
Issuer symbol: COMP
Transactions as of: 03 Jun 2022
Net transactions value: -$491,361
Form type: 4
Filing time: 07 Jun 2022, 17:31:56 UTC
Previous filing: 06 May 2022
Next filing: 08 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMP	Class A Common Stock	Options Exercise	$0	+179,410	+43%	$0.000000	600,560	03 Jun 2022	Direct	F1
transaction	COMP	Class A Common Stock	Tax liability	$491,361	-78,367	-13%	$6.27	522,193	03 Jun 2022	Direct	F2
transaction	COMP	Class A Common Stock	Disposed to Issuer	$0	-101,043	-19%	$0.000000	421,150	03 Jun 2022	Direct	F3
transaction	COMP	Class A Common Stock	Gift	$0	-352,000	-4.1%	$0.000000	8,249,981	25 May 2022	See Footnotes	F4, F5

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	COMP	Class C Common Stock	Gift	$0	-185,041	-1.3%	$0.000000	13,561,953	25 May 2022	Class A Common Stock	185,041		Direct	F6
transaction	COMP	Restricted Stock Unit (RSU)	Options Exercise	$0	-179,410	-5%	$0.000000	3,408,850	03 Jun 2022	Class A Common Stock	179,410		Direct	F1, F7
transaction	COMP	Class C Common Stock	Award		+101,043	+0.75%		13,662,996	03 Jun 2022	Class A Common Stock	101,043		Direct	F3, F6
holding	COMP	Class C Common Stock						4,125,000	03 Jun 2022	Class A Common Stock	4,125,000		See Footnote	F6, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
F2	Represents shares withheld by Issuer to satisfy tax withholding obligations on the vesting of RSUs.
F3	Represents the conversion by the reporting person of Class A Common Stock for Class C Common Stock elected by the reporting person pursuant to an Equity Exchange Right Agreement with the Issuer.
F4	Gift by The Ruth Reffkin Family Trust.
F5	Represents (i) 4,648,000 shares of Class A Common Stock owned by the 2021 Reffkin Remainder Interest Trust, (ii) 3,190,870 shares of Class A Common Stock owned by the Reffkin Investment II Corp and (iii) 411,111 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust.
F6	Class C Common Stock is convertible to Class A Common Stock on a one-to-one basis at any time.
F7	The RSUs vest as to 1/48th of the total shares on the 25th of each month following January 1, 2020, subject to continued service through each vesting date, provided, however the Reporting Person is not subject to an involuntary termination (as further defined in the Reporting Person's award agreement) within 12 months after the effectiveness of the Issuer's IPO.
F8	Shares owned by Reffkin Investment I Corp. The Robert Lee Reffkin Revocable Trust is the sole and controlling shareholder of Reffkin Investment I Corp.