Adam Bain - Feb 16, 2024 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: Director
Signature: /s/ Carrie Wheeler, Attorney-in-fact
Stock symbol: OPEN
Transactions as of: Feb 16, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/21/2024, 05:24 PM
Previous filing: Jun 16, 2023
Next filing: Jun 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPEN	Common Stock	Award	$0	+17.8K	+8.52%	$0.00	227K	Feb 16, 2024	Direct	F1
holding	OPEN	Common Stock						225K	Feb 16, 2024	By: 010118 Management, L.P.	F2
holding	OPEN	Common Stock						2.54M	Feb 16, 2024	By: 01 Advisors 01, L.P.	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 ("RSUs") were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $62,500.00. The RSUs vest in four substantially equal installments on the last trading day in each quarter occurring during 2024, subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.
F2	On the basis of the Reporting Person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01, L.P. ("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 ("RSUs") were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $62,500.00. The RSUs vest in four substantially equal installments on the last trading day in each quarter occurring during 2024, subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.

On the basis of the Reporting Person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01, L.P. ("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.