Klabin Alexander 4
4 · Offerpad Solutions Inc. · Filed Nov 10, 2021
Insider Transaction Report
Form 4
Klabin Alexander
Director
Transactions
- Award
Class A Common Stock
2021-11-08+771→ 38,388 total - Award
Class A Common Stock
2021-11-08+37,617→ 37,617 total
Holdings
- 4,500,000(indirect: By LLC)
Class A Common Stock
Footnotes (3)
- [F1]Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc. (the "Issuer") Class A common stock. The RSUs vest in three equal annual installments beginning on September 1, 2022 and, to the extent vested, will be settled in shares of Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
- [F2]Consists of fully-vested RSUs, which will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
- [F3]Mr. Klabin controls the vote and disposition of shares held by Ancient 1604 LLC.