Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Opendoor Technologies Inc. Director's Dealing 2021

Nov 19, 2021

30905_dirs_2021-11-18_f7d6ea15-5330-4ecf-ae97-e079ea69726b.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2021-11-16

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-16 Common Stock S 1613498 $21.786 Disposed 34022363 Direct
2021-11-17 Common Stock S 628348 $21.1592 Disposed 33394015 Direct
2021-11-17 Common Stock S 74081 $21.6661 Disposed 33319934 Direct
2021-11-18 Common Stock S 443182 $20.6644 Disposed 32876752 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4612765 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.51 to $22.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.435, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.

F3: The sale was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards. The transactions took place on November 16, 2021 and November 17, 2021 at prices ranging from $20.9875 to $22.2853. Due to technical limitations of the Reporting Person's broker, the Reporting Person is not able to provide information with respect to specific securities sold on each date over a $1.00 price range.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.57 to $20.865, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.