Adam Wiener - 20 Feb 2022 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 Feb 2022
Net transactions value
-$31,008
Form type
4
Filing time
23 Feb 2022, 18:06:27 UTC
Previous filing
26 Nov 2021
Next filing
02 Mar 2022
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 +1,547 +0.5% 309,197 20 Feb 2022 Direct F1
transaction RDFN Common Stock Tax liability $11,030 -466 -0.15% $23.67 308,731 22 Feb 2022 Direct
transaction RDFN Common Stock Options Exercise +1,989 +0.64% 310,720 20 Feb 2022 Direct F1
transaction RDFN Common Stock Tax liability $12,711 -537 -0.17% $23.67 310,183 22 Feb 2022 Direct
transaction RDFN Common Stock Options Exercise +1,018 +0.33% 311,201 20 Feb 2022 Direct F1
transaction RDFN Common Stock Tax liability $7,267 -307 -0.1% $23.67 310,894 22 Feb 2022 Direct

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 -1,547 -50% $0.000000 1,547 20 Feb 2022 Common Stock 1,547 Direct F1, F2, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,989 -17% $0.000000 9,948 20 Feb 2022 Common Stock 1,989 Direct F1, F3, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,018 -10% $0.000000 9,156 20 Feb 2022 Common Stock 1,018 Direct F1, F3, F5
holding RDFN Restricted Stock Unit 17,666 20 Feb 2022 Common Stock 17,666 Direct F1, F6
* 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 The reporting person's Form 4 filed on November 23, 2021 contained the incorrect number of restricted stock units beneficially owned following the transactions reported on that Form 4. The reporting person has corrected the error through this Form 4.
F4 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.
F5 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.
F6 1/4 of the restricted stock units will vest 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.