Christina Schwartz - 15 Mar 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Officer Title: Interim Chief Financial Officer
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
15 Mar 2023
Net transactions value
-$32,879
Form type
4
Filing time
17 Mar 2023, 16:12:54 UTC
Previous filing
19 Jan 2023
Next filing
05 Apr 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 Sale $32,879 -21,648 -2.7% $1.52 778,055 15 Mar 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 $1.3300 to $1.6000, 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.

Remarks:

Officer Title: Interim Chief Financial Officer