Opendoor Technologies Inc. — Director's Dealing 2022

Nov 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2022-11-09

Reporting Person: Solomon Glenn (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-09	Common Stock	S	407599	$1.50	Disposed	11247566	Indirect
2022-11-09	Common Stock	S	14959	$1.50	Disposed	412783	Indirect
2022-11-09	Common Stock	S	77442	$1.50	Disposed	7253314	Indirect
2022-11-10	Common Stock	S	1022279	$1.79	Disposed	10225287	Indirect
2022-11-10	Common Stock	S	37517	$1.79	Disposed	375266	Indirect
2022-11-10	Common Stock	S	194228	$1.79	Disposed	7059086	Indirect
2022-11-11	Common Stock	S	1479607	$2.04	Disposed	8745680	Indirect
2022-11-11	Common Stock	S	54301	$2.04	Disposed	320965	Indirect
2022-11-11	Common Stock	S	281118	$2.04	Disposed	6777968	Indirect
2022-11-14	Common Stock	S	948913	$1.92	Disposed	7796767	Indirect
2022-11-14	Common Stock	S	34825	$1.92	Disposed	286140	Indirect
2022-11-14	Common Stock	S	180288	$1.92	Disposed	6597680	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	28519	Direct
Common Stock	208212	Indirect
Common Stock	155709	Indirect
Common Stock	19396	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 $1.50 to $1.53 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 within the range set forth in this footnote.

F2: The number of shares reported as beneficially owned gives effect to pro rata distributions in kind of shares of Common Stock by GGV Capital V L.P. ("GGV V LP") to its general partner and limited partners for no additional consideration, subsequent to the Reporting Person's most recent filing, which transactions were exempt from reporting pursuant to Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act.

F3: The shares are held of record by GGV V LP. As a managing member of GGV Capital V L.L.C. ("GGV V LLC"), the general partner of GGV V LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.

F4: The number of shares reported as beneficially owned gives effect to pro rata distributions in kind effected by GGV Capital V Entrepreneurs Fund L.P. ("GGV Entrepreneurs") to its general partner and limited partners for no additional consideration, subsequent to the Reporting Person's most recent filing, which transactions were exempt from reporting pursuant to Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act.

F5: The shares are held of record by GGV Entrepreneurs. As a managing member of GGV V LLC, the general partner of GGV Entrepreneurs, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Entrepreneurs. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.

F6: The shares are held of record by GGV Capital Select L.P. ("GGV Select LP"). As a managing member of GGV Capital Select L.L.C. ("GGV Select LLC"), the general partner of GGV Select LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Select LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.66 to $2.06 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 within the range set forth in this footnote.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $2.19 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 within the range set forth in this footnote.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.86 to $2.08 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 within the range set forth in this footnote.

F10: Gives effect to the transfer of 19,396 shares to GGV Capital LLC ("GGV Capital") for no consideration subsequent to the Reporting Person's most recent filing, which shares were previously held for the benefit of GGV Capital.

F11: The number of shares reported as beneficially owned gives effect to the receipt of shares from the pro rata distribution described in footnotes 2 and 4, which transactions were exempt from reporting pursuant to Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act.

F12: The shares are held of record by a family trust, as a trustee, the Reporting Person may be deemed to have voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.

F13: The shares are held of record by GGV V LLC. As a managing member of GGV V LLC, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.

F14: Gives effect to the receipt of shares from the transfer described in footnote 10.

F15: The shares are held of record by GGV Capital. As a managing member of GGV Capital, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Capital. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.