Jonathan M. Jaffe - 14 Jun 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Jun 2023, 16:47:02 UTC
Prior SEC filing
02 Mar 2023
Next SEC filing
10 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carrie Wheeler, Attorney-in-fact

Key filing fact

Jonathan M. Jaffe filed Form 4 for Opendoor Technologies Inc. (OPEN) on 16 Jun 2023.

Key facts

  • This page summarizes Jonathan M. Jaffe's Form 4 filing for Opendoor Technologies Inc. (OPEN).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 16 Jun 2023, 16:47.

Change

  • Previous filing in this sequence was filed on 02 Mar 2023.
  • 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.

OPEN transaction

Common Stock

Award

Transaction value
$0
Shares
+92,166
Change %
+361%
Price
$0.000000
Shares after
117,709
Date
14 Jun 2023
Ownership
Len X, LLC
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs fully vest on the earlier to occur of (a) the date of the Issuer's next annual meeting of stockholders or (b) June 14, 2024, in each case subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.

Footnote F2

The reported shares are owned by Len X, LLC, a wholly-owned subsidiary of Lennar Corporation of which the Reporting Person is the Co-Chief Executive Officer and Co-President and member of the board of directors. The reporting person is a minority shareholder of Lennar Corporation, owning less than one percent of Lennar Corporation's outstanding shares. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

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