Eric Chung-Wei Wu - Apr 18, 2022 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Signature
/s/ Carrie Wheeler, Attorney-in-fact
Stock symbol
OPEN
Transactions as of
Apr 18, 2022
Transactions value $
-$1,493,258
Form type
4
Date filed
4/20/2022, 07:11 PM
Previous filing
Feb 18, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale -$1.49M -181K -0.54% $8.26 33.5M Apr 18, 2022 Direct F1, F2, F3
holding OPEN Common Stock 2.25M Apr 18, 2022 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 $8.04 to $8.735, 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 Includes the transfer of 2,361,324 shares by the GRAT on February 25, 2022 in satisfaction of the GRAT's annuity obligation.