Nima Ghamsari - Dec 20, 2021 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
Head of Blend, Director
Signature
/s/ Crystal Sumner, Attorney-in-fact
Stock symbol
BLND
Transactions as of
Dec 20, 2021
Transactions value $
$0
Form type
4
Date filed
12/22/2021, 07:30 PM
Previous filing
Jul 22, 2021
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock +Other $0 +250,000 $0.00 250,000 Dec 20, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLND Class B Common Stock -Gift $0 -500,000 -3.88% $0.00 12,383,331 Dec 20, 2021 Class A Common Stock 500,000 Direct F2
transaction BLND Class B Common Stock -Other $0 -250,000 -2.02% $0.00 12,133,331 Dec 20, 2021 Class A Common Stock 250,000 Direct F1, F2

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock were exchanged at a 1:1 ratio for shares of Class A Common Stock at the election of the Reporting Person.
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.