Todaro Julie Marie 4
4 · Opendoor Technologies Inc. · Filed Dec 22, 2020
Insider Transaction Report
Form 4
Todaro Julie Marie
President of Homes & Services
Transactions
- Award
Common Stock
2020-12-18+1,023,857→ 1,023,857 total - Award
Employee Stock Option
2020-12-18+949,261→ 949,261 totalExercise: $4.29Exp: 2028-12-18→ Common Stock (949,261 underlying)
Footnotes (4)
- [F1]Represents 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 276,866 shares. The remaining shares vest in equal monthly installments beginning on January 18, 2021.
- [F4]Received in connection with the Business Combination in exchange for an employee stock option to acquire shares of Opendoor Labs Inc.