Sydney Schaub - Oct 7, 2022 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Signature
/s/ Carrie Wheeler, Attorney-in-fact
Stock symbol
OPEN
Transactions as of
Oct 7, 2022
Transactions value $
$0
Form type
4
Date filed
10/12/2022, 05:40 PM
Previous filing
Sep 14, 2022
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +1.56M $0.00 1.56M Oct 7, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 1,558,441 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. One-third of the total number of RSUs will vest on September 15, 2023 and thereafter one-twelfth of the total number of RSUs will vest in quarterly installments over the next eight subsequent quarters, in each case subject to the Reporting Person's continued service to the Issuer.