Klabin Alexander 4
4 · Offerpad Solutions Inc. · Filed Jun 6, 2022
Insider Transaction Report
Form 4
Klabin Alexander
Director
Transactions
- Award
Class A Common Stock
2022-06-02+30,674→ 75,275 total
Holdings
- 7,187,191(indirect: By LLC)
Class A Common Stock
Footnotes (2)
- [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 on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the next annual meeting of stockholders of the Issuer following the grant date, subject to continued service through the applicable vesting date. To the extent vested, RSUs 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.
- [F2]Mr. Klabin controls the vote and disposition of shares held by Ancient 1604 LLC.