Eric Chung-Wei Wu - 14 Oct 2021 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
CEO, Director
Signature
/s/ Carrie Wheeler, Attorney-in fact
Issuer symbol
OPEN
Transactions as of
14 Oct 2021
Transactions value $
-$33,095,368
Form type
4
Filing time
19 Oct 2021, 19:47:04 UTC
Previous filing
14 Oct 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale -$14.8M -623K -1.68% $23.75* 36.4M 14 Oct 2021 Direct F1, F2
transaction OPEN Common Stock Sale -$14.1M -599K -1.64% $23.61* 35.8M 15 Oct 2021 Direct F1, F3
transaction OPEN Common Stock Sale -$4.17M -173K -0.48% $24.08* 35.6M 18 Oct 2021 Direct F1
holding OPEN Common Stock 4.61M 14 Oct 2021 By GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.3900 to $24.0000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.3364 to $23.9975, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.