Adam Wiener - 22 May 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
22 May 2023
Net transactions value
-$78,343
Form type
4
Filing time
24 May 2023, 13:52:11 UTC
Previous filing
02 Mar 2023
Next filing
31 May 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 +1,990 +0.51% 393,674 22 May 2023 Direct F1
transaction RDFN Common Stock Tax liability $5,107 -485 -0.12% $10.53 393,189 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +1,017 +0.26% 394,206 22 May 2023 Direct F2
transaction RDFN Common Stock Tax liability $2,611 -248 -0.06% $10.53 393,958 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +1,104 +0.28% 395,062 22 May 2023 Direct F3
transaction RDFN Common Stock Tax liability $2,833 -269 -0.07% $10.53 394,793 22 May 2023 Direct
transaction RDFN Common Stock Options Exercise +26,438 +6.7% 421,231 22 May 2023 Direct F4
transaction RDFN Common Stock Tax liability $67,792 -6,438 -1.5% $10.53 414,793 22 May 2023 Direct
holding RDFN Common Stock 1,078 22 May 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 -1,990 -100% $0.000000* 0 22 May 2023 Common Stock 1,990 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,017 -20% $0.000000 4,070 22 May 2023 Common Stock 1,017 Direct F2, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,104 -11% $0.000000 8,834 22 May 2023 Common Stock 1,104 Direct F3, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -26,438 -25% $0.000000 79,314 22 May 2023 Common Stock 26,438 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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, 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.
F4 1/4 of the restricted stock units will vest on May 20, 2023, 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, 2026.
F5 Restricted stock units convert into common stock on a one-for-one basis.