Form 4 for OPEN Opendoor Technologies Inc.
Accepted 2021-07-02 00:00:00 ET · period of report 2021-06-30 · accession 0001801169-21-000081 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-07-02 | 2021-07-02 | OPEN | Bain Adam | Dir | F - Tax | $16.87 | -815.2K | 1.50M | -35% | -$13.75M |
| D | 2021-07-02 | 2021-06-30 | OPEN | Bain Adam | Dir | A - Grant | $16.29 | +4,302 | 42.2K | +11% | +$70.1K |
| DI | 2021-07-02 | 2021-07-02 | OPEN | Bain Adam | Dir | X - OptEx | $11.50 | +1.26M | 2.31M | +121% | +$14.55M |
| DI | 2021-07-02 | 2021-07-02 | OPEN | Bain Adam | Dir | X - OptEx | — | -1.26M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-02 | F | D | 815,166 | $16.87 | 1,496,553 | I | — | — | (F4) Represents securities received in a pro rata distribution-in-kind from SCH Sponsor II LLC. |
| 2 | Common | Common Stock | 2021-06-30 | A | A | 4,302 | $16.29 | 42,189 | D By: 01 Advisors 01 LP | — | — | (F1) Restricted stock units issued to the reporting person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $70,081.97. (F3) On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("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. |
| 3 | Common | Common Stock | 2021-07-02 | X | A | 1,265,000 | $11.50 | 2,311,719 | I By: 01 Advisors 01 LP | — | — | (F2) Represents 1,046,719 shares of common stock received in a pro rata distribution-in-kind from SCH Sponsor II LLC and 1,265,000 shares of common stock received upon the exercise of 1,265,000 warrants received in a separate pro rata distribution-in-kind from SCH Sponsor II LLC. (F3) On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("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. |
| 4 | Derivative | Warrant | 2021-07-02 | X | D | 1,265,000 | — | 0 | I By: 01 Advisors 01 LP | $11.50 · 2021-04-30 to 2025-12-18 | 1,265,000 Common Stock | (F4) Represents securities received in a pro rata distribution-in-kind from SCH Sponsor II LLC. (F3) On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("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. |