Eric Chung-Wei Wu - 12 Dec 2022 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Director
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
12 Dec 2022
Transactions value $
-$129,900
Form type
4
Filing time
13 Dec 2022, 19:04:08 UTC
Previous filing
18 Nov 2022
Next filing
10 Jan 2023
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 -$130K -100K -0.34% $1.30 29.6M 12 Dec 2022 Direct F1, F2, F3
holding OPEN Common Stock 2.25M 12 Dec 2022 By GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.290 to $1.310, 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 Reflects the forfeiture for no consideration of 3,059,161 unvested restricted stock units in connection with the Reporting Person's resignation as the Chief Executive Officer of the Issuer.