Daniel Morillo - 18 Jun 2021 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: Chief Investment Officer
Signature: /s/ Carrie Wheeler, Attorney-in fact
Issuer symbol: OPEN
Transactions as of: 18 Jun 2021
Transactions value $: -$4,330,507
Form type: 4
Filing time: 25 Jun 2021, 20:51:16 UTC
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPEN	Common Stock	Options Exercise		+485K	+23.08%		2.59M	18 Jun 2021	Direct	F1
transaction	OPEN	Common Stock	Sale	-$4.33M	-253K	-9.79%	$17.10^*	2.33M	23 Jun 2021	Direct	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	OPEN	Performance Rights	Options Exercise		-485K	-100%		0	18 Jun 2021	Common Stock	485K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each performance right represented a contingent right to receive one share of the Issuer's Common Stock upon the Issuer's Common Stock achieving certain share-price based goals.
F2	The sale was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.