Spencer M. Rascoff - 01 Sep 2021 Form 4 Insider Report for Offerpad Solutions Inc. (OPAD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Sep 2021, 18:30:16 UTC
Prior SEC filing
02 Sep 2021
Next SEC filing
15 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Clifton, as Attorney-in-Fact

Key filing fact

Spencer M. Rascoff filed Form 4 for Offerpad Solutions Inc. (OPAD) on 03 Sep 2021.

Key facts

  • This page summarizes Spencer M. Rascoff'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, 18:30.

Change

  • Previous filing in this sequence was filed on 02 Sep 2021.
  • 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

Award

Transaction value
Shares
+500,000
Change %
Price
Shares after
500,000
Date
01 Sep 2021
Ownership
75 and Sunny LP
Footnotes
F1, F2

Reported derivative securities

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

OPAD transaction Derivative

Warrant

Award

Transaction value
Shares
-166,667
Change %
-50%
Price
Shares after
166,667
Date
01 Sep 2021
Ownership
75 and Sunny LP
Underlying class
Class A Common Stock
Underlying amount
166,667
Exercise price
$11.50
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Spencer M. Rascoff is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Pursaunt to a forward purchase agreement, dated Septmber 25, 2020, the Class A common stock and warrants were purchased for a total aggregate purchase price of $5,000,000.

Footnote F2

Mr. Rascoff controls the vote and disposition of shares held by 75 and Sunny LP.

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