Hiten M. Patel - 11 Dec 2023 Form 3 Insider Report for Offerpad Solutions Inc. (OPAD)

Role
Senior Vice President, Controller Exhibit 24 - Power of Attorney.
Signature
/s/ Adam Martinez, as Attorney-in-fact for Hiten M. Patel
Issuer symbol
OPAD
Transactions as of
11 Dec 2023
Net transactions value
$0
Form type
3
Filing time
20 Dec 2023, 21:01:40 UTC
Next filing
08 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OPAD Class A Common Stock 805 11 Dec 2023 Direct F1

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
holding OPAD Stock Option (Right to Buy) 11 Dec 2023 Class A Common Stock 1,800 $22.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 205 shares of Offerpad Solutions Inc. (the "Issuer") Class A common stock and 600 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs vest in two equal annual installments beginning on April 4, 2024.
F2 25% of the stock option vested on April 4, 2023, and the remainder vests ratably in equal annual installments over the following three years.

Remarks:

Senior Vice President, Controller Exhibit 24 - Power of Attorney.