July 1, 2025 · Form 4 insider transaction
Aleem Jason sold 1,587 shares of Redfin Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
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.; 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.; Company RSUs do not expire; they either vest or are canceled prior to the vesting date.