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 2024

Feb 21, 2024

30905_dirs_2024-02-21_fd80afe5-3d85-4abc-9a50-bd2655e8d6b9.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: 2024-02-16

Reporting Person: Solomon Glenn (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-16 Common Stock A 18554 Acquired 121150 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 308501 Indirect
Common Stock 6597680 Indirect
Common Stock 79205 Indirect
Common Stock 215339 Indirect
Common Stock 5867568 Indirect
Common Stock 51903 Indirect

Footnotes

F1: These restricted stock units ("RSUs") were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $65,000.00. The RSUs vest in four substantially equal installments on the last trading day in each quarter occurring during 2024, subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.

F2: Gives effect to the transfer of 58,321 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.

F3: 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.

F4: 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.

F5: Gives effect to the receipt of shares from the transfer described in footnote 2.

F6: 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.

F7: The shares are held of record by GGV Capital V Entrepreneurs Fund L.P. ("GGV Entrepreneurs") . As a managing member of GGV Capital V, LLC ("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.

F8: The shares are held of record by GGV Capital V L.P. ("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.

F9: 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.