4//SEC Filing
Supernova Partners LLC 4
Accession 0000899243-21-035212
CIK 0001825024other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 6:42 PM ET
Size
8.3 KB
Accession
0000899243-21-035212
Insider Transaction Report
Form 4
Supernova Partners LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2021-09-01−9,861,250→ 0 total→ Class A Common Stock (9,861,250 underlying) - Conversion
Class A Common Stock
2021-09-01+9,861,250→ 9,861,250 total
Footnotes (2)
- [F1]On September 1, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of March 17, 2021, by and among the Issuer, Orchids Merger Sub LLC ("Merger Sub") and OfferPad, Inc. ("Old Offerpad"), Merger Sub merged with and into Old Offerpad with Old Offerpad surviving as a wholly owned subsidiary of Supernova Partners Acquisition Company, Inc., who changed its name to Offerpad Solutions, Inc. (the "Merger"). Upon consummation of the Merger, each issued and outstanding share of Class B common stock was automatically converted on a one-for one basis into shares of Class A common stock of the Issuer. The Class B common stock was not subject to vesting and did not have an expiration date.
- [F2]The Form 3 filed on October 20, 2020, and Form 4 filed on October 27, 2020 by Supernova Partners LLC, included Messrs. Rascoff, Klabin, Clifton and Reid as beneficial owners of the Class B Common Stock and Warrants held by Supernova Partners LLC. Messrs. Rascoff, Klabin, Clifton and Reid are not deemed to be beneficials owners and were inlcuded on the Form 3 and Form 4 in error.
Documents
Issuer
Offerpad Solutions Inc.
CIK 0001825024
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001825023
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 6:42 PM ET
- Size
- 8.3 KB