Robert L. Reffkin - Apr 4, 2023 Form 4 Insider Report for Compass, Inc. (COMP)

Role: Chairman and CEO, Director
Signature: /s/ Bradley K. Serwin, as attorney-in-fact
Stock symbol: COMP
Transactions as of: Apr 4, 2023
Transactions value $: -$317,485
Form type: 4
Date filed: 4/6/2023, 06:14 PM
Previous filing: Mar 6, 2023
Next filing: May 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMP	Class A Common Stock	Options Exercise	$0	+179K	+42.6%	$0.00	601K	Apr 4, 2023	Direct	F1
transaction	COMP	Class A Common Stock	Tax liability	-$317K	-99.2K	-16.52%	$3.20	501K	Apr 4, 2023	Direct	F2
transaction	COMP	Class A Common Stock	Disposed to Issuer	$0	-80.2K	-16%	$0.00	421K	Apr 4, 2023	Direct	F3
holding	COMP	Class A Common Stock						8.33M	Apr 4, 2023	See Footnotes	F4

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	Restricted Stock Unit (RSU)	Options Exercise	$0	-179K	-10%	$0.00	1.61M	Apr 4, 2023	Class A Common Stock	179K		Direct	F1, F5
transaction	COMP	Class C Common Stock	Award	$0	+80.2K	+0.56%	$0.00	14.5M	Apr 4, 2023	Class A Common Stock	80.2K		Direct	F3, F6
holding	COMP	Class C Common Stock						4.13M	Apr 4, 2023	Class A Common Stock	4.13M		See footnote	F6, F7

* 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	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, (iii) 411,111 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust and (iv) 78,135 shares of Class A Common Stock owned by the Reffkin 2022 Family Trust.
F5	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.
F6	Class C Common Stock is convertible to Class A Common Stock on a one-to-one basis at any time.
F7	Shares owned by Reffkin Investment I Corp. The Robert Lee Reffkin Revocable Trust is the sole and controlling shareholder of Reffkin Investment I Corp.