Adam Wiener - 20 Feb 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
President of Real Estate Ops.
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 Feb 2023
Net transactions value
-$10,375
Form type
4
Filing time
23 Feb 2023, 18:59:01 UTC
Previous filing
22 Nov 2022
Next filing
02 Mar 2023
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 +1,017 +0.27% 377,141 20 Feb 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,569 -308 -0.08% $8.34 376,833 21 Feb 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +1,989 +0.53% $0.000000 378,822 20 Feb 2023 Direct
transaction RDFN Common Stock Tax liability $5,021 -602 -0.16% $8.34 378,220 21 Feb 2023 Direct
transaction RDFN Common Stock Options Exercise +1,104 +0.29% 379,324 20 Feb 2023 Direct F1
transaction RDFN Common Stock Tax liability $2,786 -334 -0.09% $8.34 378,990 21 Feb 2023 Direct
holding RDFN Common Stock 1,078 20 Feb 2023 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 -1,017 -17% $0.000000 5,087 20 Feb 2023 Common Stock 1,017 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,989 -50% $0.000000 1,990 20 Feb 2023 Common Stock 1,989 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,104 -10% $0.000000 9,938 20 Feb 2023 Common Stock 1,104 Direct F1, F4
* 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, 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.
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, 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.