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: Stevens Elizabeth Ann (Head of Legal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-18	Common Stock	A	275740	—	Acquired	275740	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-18	Employee Stock Option	$1.01	A	96462	Acquired	2028-12-18	Common Stock (96462)	Direct
2020-12-18	Employee Stock Option	$1.01	A	113226	Acquired	2028-12-18	Common Stock (113228)	Direct
2020-12-18	Employee Stock Option	$1.42	A	80877	Acquired	2028-12-18	Common Stock (80877)	Direct

Footnotes

F1: Includes 242,799 restricted stock units subject to time based vesting. Each restricted stock unit represents a contingent right to receive one share of the 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: The option is vested as to 82,981 shares. The remaining shares vest in equal monthly installments beginning on January 12, 2021.

F4: The option is vested as to 109,184 shares. The remaining shares vest equal monthly installments beginning on December 29, 2020.

F5: The option is vested as to 60,657 shares. The remaining shares vest equal monthly installments beginning on January 13, 2021.

F6: Received in connection with the Business Combination in exchange for an employee stock option to acquire shares of Opendoor Labs Inc.