Jason Aleem - 01 Jul 2025 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief of Real Estate Services
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
03 Jul 2025, 21:33:39 UTC
Previous filing
25 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Aleem Jason Chief of Real Estate Services 1099 STEWART ST, STE 600, SEATTLE /s/ Anthony Kappus, attorney-in-fact 03 Jul 2025 0002021083

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Disposed to Issuer -122,578 -100% 0 01 Jul 2025 Direct F1

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 Disposed to Issuer $0 -433 -100% $0.000000 0 01 Jul 2025 Common Stock 433 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -570 -100% $0.000000 0 01 Jul 2025 Common Stock 570 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -5,288 -100% $0.000000 0 01 Jul 2025 Common Stock 5,288 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -1,587 -100% $0.000000 0 01 Jul 2025 Common Stock 1,587 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -3,606 -100% $0.000000 0 01 Jul 2025 Common Stock 3,606 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -35,942 -100% $0.000000 0 01 Jul 2025 Common Stock 35,942 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -161,987 -100% $0.000000 0 01 Jul 2025 Common Stock 161,987 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -34,804 -100% $0.000000 0 01 Jul 2025 Common Stock 34,804 Direct F2, F3, F4
transaction RDFN Restricted Stock Unit Disposed to Issuer $0 -110,795 -100% $0.000000 0 01 Jul 2025 Common Stock 110,795 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jason Aleem is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The shares were disposed of pursuant to the Agreement and Plan of Merger, dated March 9, 2025 (the "Merger Agreement"), by and among Redfin Corporation (the "Company"), Rocket Companies, Inc. ("Parent"), and Neptune Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, on July 1, 2025, Merger Sub merged with and into Company (the "Merger"), with Company surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of Company's common stock, par value $0.001 per share ("Company Common Stock") was converted into the right to receive 0.7926 shares of Class A Common Stock of Parent (the "Parent Common Stock" and such ratio, the "Exchange Ratio") and cash payable in lieu of fractional shares, as described in the Merger Agreement.
F2 Restricted stock units to acquire shares of Company Common Stock (each a "Company RSU") convert into Company Common Stock on a one-for-one basis upon settlement.
F3 Pursuant to the Merger Agreement, at the Effective Time, each Company RSU that was unexpired, unsettled and outstanding as of the Effective Time (whether vested or unvested) was assumed by Parent and converted into a restricted stock unit to receive that number of shares of Parent Common Stock equal to the product obtained by multiplying (x) the number of shares subject to such Company RSU immediately prior to the Effective Time by (y) the Exchange Ratio, rounded down to the nearest whole number of shares of Parent Common Stock (each, an "Assumed RSU"). Each such Assumed RSU is otherwise subject to the same terms and conditions as applied to the corresponding Company RSUs immediately prior to the Effective Time, including vesting terms.
F4 Company RSUs do not expire; they either vest or are canceled prior to the vesting date.