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Opendoor Technologies Inc. — Director's Dealing 2024
Jun 18, 2024
30905_dirs_2024-06-18_9e7fc33c-5939-4002-a874-6f2bb53f21e4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2024-06-14
Reporting Person: Bain Adam (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-14 | Common Stock | A | 87960 | — | Acquired | 315205 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 225000 | Indirect |
| Common Stock | 2543272 | Indirect |
Footnotes
F1: Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs fully vest on the earlier to occur of (a) the date of the Issuer's next annual meeting of stockholders or (b) June 14, 2025, in each case subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.
F2: On the basis of the Reporting Person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01, L.P. ("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.