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Offerpad Solutions Inc. — Director's Dealing 2021
Nov 11, 2021
33994_dirs_2021-11-10_b468d0e5-9edd-44ef-b418-091ff8bb5543.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Offerpad Solutions Inc. (OPAD)
CIK: 0001825024
Period of Report: 2021-11-08
Reporting Person: DEGIORGIO KENNETH D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-08 | Class A Common Stock | A | 37617 | $0.00 | Acquired | 37617 | Direct |
| 2021-11-08 | Class A Common Stock | A | 771 | $0.00 | Acquired | 38388 | Direct |
Footnotes
F1: Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc. (the "Issuer") Class A common stock. The RSUs vest in three equal annual installments beginning on September 1, 2022 and, to the extent vested, will be settled in shares of Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
F2: Consists of fully-vested RSUs, which will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.