0000899243-21-035204.txt : 20210903
0000899243-21-035204.hdr.sgml : 20210903
20210903183926
ACCESSION NUMBER: 0000899243-21-035204
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210901
FILED AS OF DATE: 20210903
DATE AS OF CHANGE: 20210903
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson Stephen Michael
CENTRAL INDEX KEY: 0001877948
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39641
FILM NUMBER: 211237823
MAIL ADDRESS:
STREET 1: C/O OFFERPAD SOLUTIONS INC.
STREET 2: 2150 E GERMAN ROAD, SUITE 1
CITY: CHANDLER
STATE: AZ
ZIP: 85286
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Offerpad Solutions Inc.
CENTRAL INDEX KEY: 0001825024
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4520 DEXTER STREET, N.W.
CITY: WASHINGTON
STATE: DC
ZIP: 20007
BUSINESS PHONE: (202) 918-7070
MAIL ADDRESS:
STREET 1: 4520 DEXTER STREET, N.W.
CITY: WASHINGTON
STATE: DC
ZIP: 20007
FORMER COMPANY:
FORMER CONFORMED NAME: Supernova Partners Acquisition Company, Inc.
DATE OF NAME CHANGE: 20200916
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-09-01
0
0001825024
Offerpad Solutions Inc.
OPAD
0001877948
Johnson Stephen Michael
C/O OFFERPAD SOLUTIONS INC.
2150 E. GERMAN ROAD, SUITE 1
CHANDLER
AZ
85286
0
1
0
0
Chief Operating Officer
Stock Options
1.23
2021-09-01
4
A
0
1129912
A
2030-10-26
Class A Common Stock
1129912
1129912
D
The stock option will vest and become exercisable with 25% on August 10, 2021 and then ratably in equal quarterly installments over the following three years thereafter.
On September 1, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of March 17, 2021, by and among the Issuer, Orchids Merger Sub LLC ("Merger Sub") and OfferPad, Inc. ("Old Offerpad"), Merger Sub merged with and into Old Offerpad with Old Offerpad surviving as a wholly owned subsidiary of Supernova Partners Acquisition Company, Inc., which changed its name to Offerpad Solutions, Inc. (the "Merger"). Upon consummation of the Merger each issued and outstanding option to purchase one share of Old Offerpad common stock was automatically cancelled and converted into an option to purchase approximately 7.533 (the "Exchange Ratio") shares of Class A common stock of the Issuer, and the exercise price was adjusted by the Exchange Ratio.
/s/ Adam Martinez, as Attorney-in-Fact for Stephen Johnson
2021-09-03