4//SEC Filing
Bain Adam 4
Accession 0001801169-21-000081
CIK 0001801169other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:10 PM ET
Size
11.8 KB
Accession
0001801169-21-000081
Insider Transaction Report
Form 4
Bain Adam
Director
Transactions
- Exercise of In-Money
Common Stock
2021-07-02$11.50/sh+1,265,000$14,547,500→ 2,311,719 total(indirect: By: 01 Advisors 01 LP) - Tax Payment
Common Stock
2021-07-02$16.87/sh−815,166$13,748,590→ 1,496,553 total(indirect: By: 01 Advisors 01 LP) - Exercise of In-Money
Warrant
2021-07-02−1,265,000→ 0 total(indirect: By: 01 Advisors 01 LP)Exercise: $11.50From: 2021-04-30Exp: 2025-12-18→ Common Stock (1,265,000 underlying) - Award
Common Stock
2021-06-30$16.29/sh+4,302$70,087→ 42,189 total
Holdings
- 225,000(indirect: By: 010118 Management, L.P)
Common Stock
Footnotes (4)
- [F1]Restricted stock units issued to the reporting person pursuant to the Issuer's Non-Employee Director Compensation Plan in lieu of retainer fees of $70,081.97.
- [F2]Represents 1,046,719 shares of common stock received in a pro rata distribution-in-kind from SCH Sponsor II LLC and 1,265,000 shares of common stock received upon the exercise of 1,265,000 warrants received in a separate pro rata distribution-in-kind from SCH Sponsor II LLC.
- [F3]On the basis of the reporting person's relationship with 010118 Management, L.P. ("010118") and 01 Advisors 01 LP ("01 Advisors"), the reporting person may be deemed a beneficial owner of the shares of the Company's Common Stock held by 010118 and 01 Advisors. The reporting person disclaims beneficial ownership of the shares of the Company's Common Stock held by 010118 and 01 Advisors, except to the extent of his pecuniary interest therein.
- [F4]Represents securities received in a pro rata distribution-in-kind from SCH Sponsor II LLC.
Documents
Issuer
Opendoor Technologies Inc.
CIK 0001801169
Entity typeother
Related Parties
1- filerCIK 0001590850
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:10 PM ET
- Size
- 11.8 KB