Ryan Ohara - Nov 8, 2021 Form 4 Insider Report for Offerpad Solutions Inc. (OPAD)

Role: Director
Signature: By: /s/ Adam Martinez, as Attorney-in-fact for Ryan O'Hara
Stock symbol: OPAD
Transactions as of: Nov 8, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/10/2021, 05:30 PM
Previous filing: Oct 26, 2021
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAD	Class A Common Stock	Award	$0	+37.6K		$0.00	37.6K	Nov 8, 2021	Direct	F1
transaction	OPAD	Class A Common Stock	Award	$0	+826	+2.2%	$0.00	38.4K	Nov 8, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc. (the "Issuer") Class A common stock. The RSUs vest in three equal annual installments beginning on September 1, 2022 and, to the extent vested, will be settled in shares of Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
F2	Consists of fully-vested RSUs, which will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.

Content

Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc. (the "Issuer") Class A common stock. The RSUs vest in three equal annual installments beginning on September 1, 2022 and, to the extent vested, will be settled in shares of Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.

Consists of fully-vested RSUs, which will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.