Adam Bain - 16 Feb 2022 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Director
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 19:45:14 UTC
Previous filing
02 Jul 2021
Next filing
27 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +6,181 +15% $0.000000 48,370 16 Feb 2022 Direct F1
holding OPEN Common Stock 225,000 16 Feb 2022 By: 010118 Management, L.P F2
holding OPEN Common Stock 2,543,272 16 Feb 2022 By: 01 Advisors 01 LP F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units were issued to the reporting person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $67,500.00.
F2 On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("01 Advisors"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118 and 01 Advisors. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118 and 01 Advisors, except to the extent of his pecuniary interest therein.
F3 Includes securities received on July 9, 2021 in a pro rata distribution-in-kind from SCH Sponsor II LLC.