Adam Wiener - 20 Nov 2021 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Nov 2021
Net transactions value
-$77,153
Form type
4
Filing time
23 Nov 2021, 15:06:07 UTC
Previous filing
19 Oct 2021
Next filing
26 Nov 2021
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 +1,546 +0.51% 306,437 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $26,205 -609 -0.2% $43.03* 305,828 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +1,989 +0.65% 307,817 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $33,692 -783 -0.25% $43.03* 307,034 22 Nov 2021 Direct
transaction RDFN Common Stock Options Exercise +1,017 +0.33% 308,051 20 Nov 2021 Direct F1
transaction RDFN Common Stock Tax liability $17,255 -401 -0.13% $43.03* 307,650 22 Nov 2021 Direct
holding RDFN Common Stock 1,078 20 Nov 2021 By spouse

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 +1,546 +33% $0.000000 6,186 20 Nov 2021 Common Stock 1,546 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 +1,989 +14% $0.000000 15,915 20 Nov 2021 Common Stock 1,989 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 +1,017 +9.1% $0.000000 12,208 20 Nov 2021 Common Stock 1,017 Direct F1, F4
holding RDFN Restricted Stock Unit 17,666 20 Nov 2021 Common Stock 17,666 Direct F1, F2
* 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.
F2 1/4 of the restricted stock units vested on May 20, 2019, 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, 2022.
F3 1/4 of the restricted stock units vested on May 20, 2020, 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, 2023.
F4 1/4 of the restricted stock units vested on May 20, 2021, 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, 2024.