SEC Form 4 · accession 0000899243-17-019568

Redfin Corp · RDFN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Paul B Goodrich

Director

Period of report

Aug 2, 2017

Accepted (ET)

Aug 2, 2017 · 5:02 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001382821

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Aug 2, 2017	C	1,355,350	—	A	1,355,350	I	By Madrona Venture Fund III, L.P.
Common Stock^F3,F2	Aug 2, 2017	C	2,739,483	—	A	4,094,833	I	By Madrona Venture Fund III, L.P.
Common Stock^F4,F2	Aug 2, 2017	C	1,184,724	—	A	5,279,557	I	By Madrona Venture Fund III, L.P.
Common Stock^F5,F2	Aug 2, 2017	C	1,497,804	—	A	6,777,361	I	By Madrona Venture Fund III, L.P.
Common Stock^F6,F2	Aug 2, 2017	C	411,932	—	A	7,189,293	I	By Madrona Venture Fund III, L.P.
Common Stock^F7,F2	Aug 2, 2017	C	392,965	—	A	7,582,258	I	By Madrona Venture Fund III, L.P.
Common Stock^F1,F8	Aug 2, 2017	C	104,077	—	A	104,077	I	By Madrona Venture Fund III-A, L.P.
Common Stock^F3,F8	Aug 2, 2017	C	210,372	—	A	314,449	I	By Madrona Venture Fund III-A, L.P.
Common Stock^F4,F8	Aug 2, 2017	C	47,326	—	A	361,775	I	By Madrona Venture Fund III-A, L.P.
Common Stock^F5,F8	Aug 2, 2017	C	59,835	—	A	421,610	I	By Madrona Venture Fund III-A, L.P.
Common Stock^F6,F8	Aug 2, 2017	C	16,456	—	A	438,066	I	By Madrona Venture Fund III-A, L.P.
Common Stock^F7,F8	Aug 2, 2017	C	15,698	—	A	453,764	I	By Madrona Venture Fund III-A, L.P.

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Series A-1 Preferred Stock^F2,F1	—	Aug 2, 2017	C	1,355,350	D	—	—	Common Stock	1,355,350	I
Series A-3 Preferred Stock^F2,F3	—	Aug 2, 2017	C	2,739,483	D	—	—	Common Stock	2,739,483	I
Series B Preferred Stock^F2,F4	—	Aug 2, 2017	C	1,184,724	D	—	—	Common Stock	1,184,724	I
Series C Preferred Stock^F2,F5	—	Aug 2, 2017	C	1,497,804	D	—	—	Common Stock	1,497,804	I
Series D Preferred Stock^F2,F6	—	Aug 2, 2017	C	411,932	D	—	—	Common Stock	411,932	I
Series E Preferred Stock^F2,F7	—	Aug 2, 2017	C	392,965	D	—	—	Common Stock	392,965	I
Series A-1 Preferred Stock^F8,F1	—	Aug 2, 2017	C	104,077	D	—	—	Common Stock	104,077	I
Series A-3 Preferred Stock^F8,F2,F3	—	Aug 2, 2017	C	210,372	D	—	—	Common Stock	210,372	I
Series B Preferred Stock^F8,F4	—	Aug 2, 2017	C	47,326	D	—	—	Common Stock	47,326	I
Series C Preferred Stock^F8,F5	—	Aug 2, 2017	C	59,835	D	—	—	Common Stock	59,835	I
Series D Preferred Stock^F8,F6	—	Aug 2, 2017	C	16,456	D	—	—	Common Stock	16,456	I
Series E Preferred Stock^F8,F7	—	Aug 2, 2017	C	15,698	D	—	—	Common Stock	15,698	I

Explanation of responses

F1Each share of the issuer's Series A-1 Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering (the "IPO") pursuant to a registration statement on Form S-1 (File No. 333-219093) under the Securities Act of 1933, as amended (the "Registration Statement"), and had no expiration date.
F2These securities are held of record by Madrona Venture Fund III, L.P. ("Madrona Fund III"). Madrona Investment Partners III, L.P. ("Madrona Partners III") is the general partner of Madrona Fund III, and Madrona III General Partner, LLC ("Madrona III LLC") is the general partner of Madrona Partners III. The reporting person, who is a member of the issuer's board of directors, together with Tom Alberg, Scott Jacobson, Len Jordon, Matthew McIlwain and Tim Porter, are the managing members of Madrona III LLC, and each may be deemed to share voting and investment power over the securities held by Madrona Fund III. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3Each share of the issuer's Series A-3 Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to a the Registration Statement, and had no expiration date.
F4Each share of the issuer's Series B Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to a the Registration Statement, and had no expiration date.
F5Each share of the issuer's Series C Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to a the Registration Statement, and had no expiration date.
F6Each share of the issuer's Series D Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to a the Registration Statement, and had no expiration date.
F7Each share of the issuer's Series E Preferred Stock automatically converted into 1 share of the issuer's Common Stock on August 2, 2017 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to a the Registration Statement, and had no expiration date.
F8These securities are held of record by Madrona Venture Fund III-A, L.P. ("Madrona Fund III-A"). Madrona Partners III is the general partner of Madrona Fund III-A, and Madrona III LLC is the general partner of Madrona Partners III. The reporting person, who is a member of the issuer's board of directors, together with Tom Alberg, Scott Jacobson, Len Jordon, Matthew McIlwain and Tim Porter are the managing members of Madrona III LLC, and each may be deemed to share voting and investment power over the securities held by Madrona Fund III-A. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.