4//SEC Filing
Johnson Stephen Michael 4
Accession 0000899243-22-009110
CIK 0001825024other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:00 PM ET
Size
7.9 KB
Accession
0000899243-22-009110
Insider Transaction Report
Form 4
Johnson Stephen Michael
Chief Operating Officer
Transactions
- Award
Performance-Based Restricted Stock
2022-03-01+78,164→ 78,164 total→ Class A Common Stock (78,164 underlying) - Award
Class A Common Stock
2022-03-01+52,109→ 52,109 total
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 March 1, 2023.
- [F2]Consists of performance-based restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F3]The PSUs vest based on the Issuer's stock price performance over a performance period beginning on December 31, 2022 and ending on March 1, 2025. The award will vest, if at all, based on continued service and the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by March 1, 2025 will be forfeited.
Documents
Issuer
Offerpad Solutions Inc.
CIK 0001825024
Entity typeother
Related Parties
1- filerCIK 0001877948
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:00 PM ET
- Size
- 7.9 KB