Wheeler Carrie - Mar 1, 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Chief Executive Officer
Signature
/s/ Carrie Wheeler
Stock symbol
OPEN
Transactions as of
Mar 1, 2023
Transactions value $
-$535,174
Form type
4
Date filed
3/3/2023, 03:03 PM
Previous filing
Jan 4, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale -$535K -395K -2.07% $1.36 18.7M Mar 1, 2023 Direct F1, F2, F3
* 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 $1.3200 to $1.3576, 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 1,000 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan on February 28, 2023.