Adam Bain - Jun 17, 2021 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: Director
Signature: /s/ Carrie Wheeler, Attorney-in fact
Stock symbol: OPEN
Transactions as of: Jun 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/21/2021, 09:14 PM
Next filing: Jul 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPEN	Common Stock	Award	$0	+12.3K	+47.94%	$0.00	37.9K	Jun 17, 2021	Direct	F1
holding	OPEN	Common Stock						225K	Jun 17, 2021	By: 010118 Management, L.P	F2

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

Explanation of Responses:

Id	Content
F1	Represents an award of 12,277 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in a single installment on the earlier to occur of (a) the Issuer's next annual meeting of stockholders and (b) June 17, 2022, in each case subject to the Reporting Person's continued service to the Issuer.
F2	On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118, except to the extent of his pecuniary interest therein.

Content

Represents an award of 12,277 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in a single installment on the earlier to occur of (a) the Issuer's next annual meeting of stockholders and (b) June 17, 2022, in each case subject to the Reporting Person's continued service to the Issuer.

On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118, except to the extent of his pecuniary interest therein.