Adam Bain - 24 Feb 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: Director
Signature: /s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol: OPEN
Transactions as of: 24 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2023, 17:23:59 UTC
Previous filing: 13 Jun 2022
Next filing: 16 Jun 2023
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	+43,325	+59%	$0.000000	117,238	24 Feb 2023	Direct	F1
holding	OPEN	Common Stock						225,000	24 Feb 2023	By: 010118 Management, L.P	F2
holding	OPEN	Common Stock						2,543,272	24 Feb 2023	By: 01 Advisors 01 LP	F2

* 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.

Content

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.

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.