Daniel Morillo - 18 Apr 2022 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 Apr 2022
Transactions value $: -$495,230
Form type: 4
Filing time: 20 Apr 2022, 19:10:43
Previous filing: 04 Jan 2022
Next filing: 20 Jul 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	Sale	-$495K	-59.9K	-2.84%	$8.26	2.05M	18 Apr 2022	Direct	F1, F2

* 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 $8.04 to $8.735, 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.

Content

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.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.04 to $8.735, 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.