Opendoor Technologies Inc. — Director's Dealing 2020

Dec 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2020-12-18

Reporting Person: Wu Eric Chung-Wei (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-18	Common Stock	A	29425504	—	Acquired	29425504	Direct
2020-12-18	Common Stock	A	25000	$10.00	Acquired	29450504	Direct
2020-12-18	Common Stock	A	4612765	—	Acquired	4612765	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-18	Performance Rights	$	A	14885774	Acquired		Common Stock (14885774)	Direct

Footnotes

F1: Includes 1,655,429 restricted stock units subject to time based vesting. Each restricted stock unit represents a contingent right to receive one share of Opendoor Technologies Inc.'s (the "Company's") Common Stock.

F2: Pursuant to the consummation of the business combination of Social Capital Hedosophia Holdings Corp. II ("SCH") and Opendoor Labs Inc. (the "Business Combination"), SCH was domesticated, changing its name to Opendoor Technologies Inc. and each share of SCH Class A stock was automatically converted into the right to receive one share of the Company's Common Stock.

F3: Each performance right represents a contingent right to receive one share of the Issuer's Common Stock upon the Issuer's Common Stock achieving six predetermined share-price based goals.