Christina Schwartz - 17 Jan 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
17 Jan 2023
Net transactions value
-$49,874
Form type
4
Filing time
19 Jan 2023, 17:34:14 UTC
Previous filing
04 Jan 2023
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale $42,249 -25,264 -3% $1.67 803,350 17 Jan 2023 Direct F1, F2
transaction OPEN Common Stock Sale $7,625 -4,647 -0.58% $1.64 798,703 18 Jan 2023 Direct F3, F4
* 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 $1.5700 to $1.7600, 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 sale was effected pursuant to a Rule 10b5-1 trading plan.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.6200 to $1.6700, 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.

Remarks:

Officer Title: Interim Chief Financial Officer