4//SEC Filing
Nguyen Giang 4
Accession 0002096999-25-000006
CIK 0001801169other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 8:30 PM ET
Size
9.2 KB
Accession
0002096999-25-000006
Insider Transaction Report
Form 4
Nguyen Giang
Chief Operating Officer
Transactions
- Award
Common Stock
2025-12-10+500,000→ 500,000 total - Award
Common Stock
2025-12-10+3,600,000→ 4,100,000 total - Award
Common Stock
2025-12-10+4,100,000→ 8,200,000 total
Footnotes (3)
- [F1]Represents an award of 500,000 restricted stock units ("RSUs") that is eligible to vest in installments over a period of five years, with 20% vesting April 15, 2026 and the remainder vesting in substantially equal quarterly installments thereafter, subject to Reporting Person's continues employment through the applicable vesting date.
- [F2]Represents an award of 3,600,000 RSUs that is eligible to vest in installments over a period of five years, with 20% vesting on April 15, 2026, the remainder vesting in substantially equal quarterly installments thereafter, subject to the Reporting Person's continued employment through each vesting date and the achievement of an average closing stock price that equals or exceeds $6.24 over a 30 trading day period preceding the applicable vesting date or any of the four quarterly vesting dates immediately following the applicable vesting date.
- [F3]Represents an award of 4,100,000 RSUs that is eligible to vest in seven equal tranches over a period of five years, with each tranche subject to a performance based vesting condition that requires achievement of an average closing stock price hurdle (equal to $9, $13, $17, $21, $25, $29 and $33), as measured over a 30 trading day period that commences on April 15, 2026 and ends on October 15, 2030, as well as satisfying applicable time based vesting conditions.
Documents
Issuer
Opendoor Technologies Inc.
CIK 0001801169
Entity typeother
Related Parties
1- filerCIK 0002096999
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 8:30 PM ET
- Size
- 9.2 KB