Kenneth A. Fox - 01 Sep 2021 Form 4 Insider Report for Offerpad Solutions Inc. (OPAD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Sep 2021, 18:43:30 UTC
Next SEC filing
28 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Clifton, as Attorney-in-Fact

Key filing fact

Kenneth A. Fox filed Form 4 for Offerpad Solutions Inc. (OPAD) on 03 Sep 2021.

Key facts

  • This page summarizes Kenneth A. Fox's Form 4 filing for Offerpad Solutions Inc. (OPAD).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Sep 2021, 18:43.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPAD transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+40,250
Change %
Price
Shares after
40,250
Date
01 Sep 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OPAD transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
Shares
-40,250
Change %
-100%
Price
Shares after
0
Date
01 Sep 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
40,250
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kenneth A. Fox is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

On September 1, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of March 17, 2021, by and among the Issuer, Orchids Merger Sub LLC ("Merger Sub") and OfferPad, Inc. ("Old Offerpad"), Merger Sub merged with and into Old Offerpad with Old Offerpad surviving as a wholly owned subsidiary of Supernova Partners Acquisition Company, Inc., who changed its name to Offerpad Solutions, Inc. (the "Merger"). Upon consummation of the Merger, each issued and outstanding share of Class B common stock was automatically converted on a one-for one basis into shares of Class A common stock of the Issuer. The Class B common stock was not subject to vesting and did not have an expiration date.

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