Glenn Solomon - 17 Jun 2021 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: Director
Signature: /s/ Carrie Wheeler, Attorney-in fact
Issuer symbol: OPEN
Transactions as of: 17 Jun 2021
Transactions value $: $0
Form type: 4
Filing time: 21 Jun 2021, 21:26:16 UTC
Next filing: 02 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPEN	Common Stock	Award	$0	+12,277	$0	12,277	17 Jun 2021	Direct	F1
holding	OPEN	Common Stock					711,272	17 Jun 2021	By GGV Capital V Entrepreneurs Fund L.P.	F2
holding	OPEN	Common Stock					7,330,756	17 Jun 2021	By GGV Capital Select L.P.	F2
holding	OPEN	Common Stock					19,380,847	17 Jun 2021	By GGV Capital V, L.P.	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of 12,277 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in a single installment on the earlier to occur of (a) the Issuer's next annual meeting of stockholders and (b) June 17, 2022, in each case subject to the Reporting Person's continued service to the Issuer.
F2	GGV Capital V L.L.C. ("GGCV LLC") is the General Partner of GGV Capital V, L.P. ("GGCV") and GGV Capital V Entrepreneurs Fund L.P. ("GGCVEF"). GGV Select L.L.C. ("GGCS LLC") is the General Partner of GGV Capital Select L.P. ("GGCS"). Mr. Solomon is a managing director of GGCV LLC and GGCS LLC and, therefore, may be deemed to beneficially own the shares held by GGCV, GGCS and GGCVEF. Mr. Solomon disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.

Content

Represents an award of 12,277 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in a single installment on the earlier to occur of (a) the Issuer's next annual meeting of stockholders and (b) June 17, 2022, in each case subject to the Reporting Person's continued service to the Issuer.

GGV Capital V L.L.C. ("GGCV LLC") is the General Partner of GGV Capital V, L.P. ("GGCV") and GGV Capital V Entrepreneurs Fund L.P. ("GGCVEF"). GGV Select L.L.C. ("GGCS LLC") is the General Partner of GGV Capital Select L.P. ("GGCS"). Mr. Solomon is a managing director of GGCV LLC and GGCS LLC and, therefore, may be deemed to beneficially own the shares held by GGCV, GGCS and GGCVEF. Mr. Solomon disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.