Marc S. Greenberg - Feb 23, 2022 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
Head of Finance
Signature
/s/ Crystal Sumner, Attorney-in-fact
Stock symbol
BLND
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 03:27 PM
Previous filing
Jan 4, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Award $0 +100K +151.49% $0.00 167K Feb 23, 2022 Direct F1, F2
holding BLND Class A Common Stock 505K Feb 23, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). 50,163 of the RSUs will vest on November 20, 2022 and the remaining RSUs will vest on February 20, 2023, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
F2 Certain of these shares are represented by previously reported RSUs.
F3 Shares are held of record by the Greenberg Family Living Trust, dated June 22, 2013, of which the Reporting Person is a trustee.