Adam Bain - Feb 14, 2025 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Director
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Stock symbol
OPEN
Transactions as of
Feb 14, 2025
Transactions value $
$0
Form type
4
Date filed
2/19/2025, 04:13 PM
Previous filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +42.2K +13.4% $0.00 357K Feb 14, 2025 Direct F1
holding OPEN Common Stock 225K Feb 14, 2025 By: 010118 Management, L.P. F2
holding OPEN Common Stock 2.54M Feb 14, 2025 By: 01 Advisors 01 L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $62,500.00. The RSUs vest in four substantially equal installments on the last trading day in each quarter occurring during 2025, subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.
F2 On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 L.P. ("01 Advisors"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118 and 01 Advisors. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118 and 01 Advisors, except to the extent of his pecuniary interest therein.