Christina Schwartz - Feb 26, 2024 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Officer Title: Interim Chief Financial Officer
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Stock symbol
OPEN
Transactions as of
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 07:23 PM
Previous filing
Jan 17, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +298K +51.52% $0.00 875K Feb 26, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 297,619 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-third of the total number of RSUs will vest on April 15, 2025 and thereafter one-twelfth of the total number of RSUs will vest in quarterly installments over the next eight subsequent quarters, in each case subject to the Reporting Person's continued service to the Issuer.

Remarks:

Officer Title: Interim Chief Financial Officer