First American Financial Corp - 28 Mar 2023 Form 4/A - Amendment Insider Report for Offerpad Solutions Inc. (OPAD)

Role
10%+ Owner
Signature
/s/Lisa W. Cornehl, Senior Vice President, Chief Legal Officer and Secretary
Issuer symbol
OPAD
Transactions as of
28 Mar 2023
Net transactions value
-$24,995,535
Form type
4/A - Amendment
Filing time
19 Apr 2023, 11:34:20 UTC
Date Of Original Report
30 Mar 2023
Previous filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPAD Class A Common Stock Options Exercise $4,465 +44,650,830 +139% $0.000100* 76,789,713 28 Mar 2023 Direct F1, F2

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 OPAD Warrants Exercise of in-the-money or at-the-money derivative security $25,000,000 -44,650,830 -100% $0.5599* 0 28 Mar 2023 Class A Common Stock 44,650,830 $0.000100 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise exempted pursuant to Rule 16b-6(b).
F2 On 3/30/2023, the reporting person filed a Form 4 reporting the conversion of Warrants to Class A Common Stock. Due to a clerical error, the number of shares of Class A Common Stock reported as beneficially owned following the transaction was erroneously reported as 76,779,713 and the correct amount is reported in this amendment.
F3 The warrants do not expire.