Eric Chung-Wei Wu - Oct 14, 2021 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
CEO, Director
Signature
/s/ Carrie Wheeler, Attorney-in fact
Stock symbol
OPEN
Transactions as of
Oct 14, 2021
Transactions value $
-$33,095,368
Form type
4
Date filed
10/19/2021, 07:47 PM
Previous filing
Oct 14, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale -$14.8M -623K -1.68% $23.75* 36.4M Oct 14, 2021 Direct F1, F2
transaction OPEN Common Stock Sale -$14.1M -599K -1.64% $23.61* 35.8M Oct 15, 2021 Direct F1, F3
transaction OPEN Common Stock Sale -$4.17M -173K -0.48% $24.08* 35.6M Oct 18, 2021 Direct F1
holding OPEN Common Stock 4.61M Oct 14, 2021 By GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.3900 to $24.0000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.3364 to $23.9975, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.