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Offerpad Solutions Inc. — Director's Dealing 2023
Jun 9, 2023
33994_dirs_2023-06-09_6232d8dd-9b38-4800-949e-0c9db291df4f.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Offerpad Solutions Inc. (OPAD)
CIK: 0001825024
Period of Report: 2021-09-01
Reporting Person: Bair Brian (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-01 | Class B Common Stock | $ | A | 12168007 | Acquired | Class A Common Stock (12168007) | Direct | |
| 2021-09-01 | Class B Common Stock | $ | A | 2648229 | Acquired | Class A Common Stock (2648229) | Indirect |
Footnotes
F1: Each share of Class B common stock represents a contingent right to receive one share of the Issuer's Class A common stock.
F2: Each share of Class B common stock is convertible at any time at the option of the holder into one share of the Issuer's Class A common stock or upon the earliest to occur of (a) the date that is nine months following the date on which Mr. Bair (x) is no longer providing services, whether upon death, resignation, removal or otherwise, to Offerpad Solutions as a member of the senior leadership team, officer or director and (y) has not provided any such services for the duration of such nine-month period; and (b) the date as of which the Mr. Bair or his permitted transferees have transferred, in the aggregate, more than seventy-five (75%) of the shares of Class B common stock that were held by Mr. Bair and his permitted transferees as of September 1, 2021.