Stevens Elizabeth Ann 4

4 · Opendoor Technologies Inc. · Filed Dec 22, 2020

Form 4

Period: 2020-12-18

Head of Legal

Transactions

Award
Common Stock
2020-12-18+275,740→ 275,740 total
Award
Employee Stock Option
2020-12-18+96,462→ 96,462 total
Exercise: $1.01Exp: 2028-12-18→ Common Stock (96,462 underlying)
Award
Employee Stock Option
2020-12-18+113,226→ 113,226 total
Exercise: $1.01Exp: 2028-12-18→ Common Stock (113,228 underlying)
Award
Employee Stock Option
2020-12-18+80,877→ 80,877 total
Exercise: $1.42Exp: 2028-12-18→ Common Stock (80,877 underlying)

Footnotes (6)

[F1]Includes 242,799 restricted stock units subject to time based vesting. Each restricted stock unit represents a contingent right to receive one share of the Opendoor Technologies Inc.'s (the "Company's") Common Stock.
[F2]Pursuant to the consummation of the business combination of Social Capital Hedosophia Holdings Corp. II ("SCH") and Opendoor Labs Inc. (the "Business Combination"), SCH was domesticated, changing its name to Opendoor Technologies Inc. and each share of SCH Class A stock was automatically converted into the right to receive one share of the Company's Common Stock.
[F3]The option is vested as to 82,981 shares. The remaining shares vest in equal monthly installments beginning on January 12, 2021.
[F4]The option is vested as to 109,184 shares. The remaining shares vest equal monthly installments beginning on December 29, 2020.
[F5]The option is vested as to 60,657 shares. The remaining shares vest equal monthly installments beginning on January 13, 2021.
[F6]Received in connection with the Business Combination in exchange for an employee stock option to acquire shares of Opendoor Labs Inc.

Documents

1 file