Spencer M. Rascoff - 01 Sep 2021 Form 4 Insider Report for Offerpad Solutions Inc. (OPAD)

Role
Director
Signature
/s/ Michael Clifton, as Attorney-in-Fact
Issuer symbol
OPAD
Transactions as of
01 Sep 2021
Transactions value $
$0
Form type
4
Filing time
03 Sep 2021, 18:30:16 UTC
Previous filing
02 Sep 2021
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPAD Class A Common Stock Award +500K 500K 01 Sep 2021 75 and Sunny LP F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OPAD Warrant Award -167K -50% 167K 01 Sep 2021 Class A Common Stock 167K $11.50 75 and Sunny LP F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Spencer M. Rascoff is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursaunt to a forward purchase agreement, dated Septmber 25, 2020, the Class A common stock and warrants were purchased for a total aggregate purchase price of $5,000,000.
F2 Mr. Rascoff controls the vote and disposition of shares held by 75 and Sunny LP.