Sella Roberto Marco 4
4 · Offerpad Solutions Inc. · Filed Feb 2, 2023
Insider Transaction Report
Form 4
Sella Roberto Marco
Director
Transactions
- Purchase
Warrants
2023-01-31$0.56/sh+44,195,302$24,744,950→ 44,195,302 total→ Class A Common Stock (44,195,302 underlying)
Footnotes (1)
- [F1]On Janaury 31, 2023, the Reporting Person purchased 44,195,302 pre-funded warrants, each with an exercise price of $0.0001, ("Pre-Funded Warrants"), subject to certain customary anti-dilution adjustment provisions, and can be exercised on a cash or cashless basis. Each Pre-Funded Warrant represents the right to purchase one share of the Issuer's Class A Common Stock. The Pre-Funded Warrants will not be exercisable until at least 21 days after the definitive information statement is filed with the Securities and Exchange Commission or such later time as is necessary to comply with the listing requirements of the New York Stock Exchange.The Pre-Funded Warrants do not expire.