Opendoor Technologies Inc. — Director's Dealing 2021

Jul 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2021-06-30

Reporting Person: Bain Adam (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-30	Common Stock	A	4302	$16.2918	Acquired	42189	Direct
2021-07-02	Common Stock	X	1265000	$11.50	Acquired	2311719	Indirect
2021-07-02	Common Stock	F	815166	$16.866	Disposed	1496553	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-02	Warrant	$11.5	X	1265000	Disposed	2025-12-18	Common Stock (1265000.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	225000	Indirect

Footnotes

F1: Restricted stock units issued to the reporting person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $70,081.97.

F2: Represents 1,046,719 shares of common stock received in a pro rata distribution-in-kind from SCH Sponsor II LLC and 1,265,000 shares of common stock received upon the exercise of 1,265,000 warrants received in a separate pro rata distribution-in-kind from SCH Sponsor II LLC.

F3: On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("01 Advisors"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118 and 01 Advisors. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118 and 01 Advisors, except to the extent of his pecuniary interest therein.

F4: Represents securities received in a pro rata distribution-in-kind from SCH Sponsor II LLC.