Offerpad amends CEO and officers' LTIP awards; extends performance period, adjusts price targets

Offerpad Solutions Inc.

Performance period shifted to June 12, 2024 – June 12, 2027 (was 2023–2026); vesting delayed by one year.
New price targets: $11.25, $18.75, $26.25, $33.75 per share for four tranches.
CEO Brian Bair's sharing rate: 0.224% (first tranche) to 0.546% (fourth); officers Aronovitch and Grout each 0.031% per tranche.
Vesting schedule: 50% on June 12, 2027; 50% on June 12, 2028 (previously 2026 and 2027).

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