Timothy J. Mayopoulos - May 20, 2022 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
President, Director
Signature
/s/ Crystal Sumner, Attorney-in-fact
Stock symbol
BLND
Transactions as of
May 20, 2022
Transactions value $
-$106,803
Form type
4
Date filed
5/24/2022, 04:32 PM
Previous filing
Mar 30, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Sale -$107K -32.3K -4.66% $3.31 661K May 20, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F2 This sale price represents the weighted average sale price of the shares sold ranging from $3.07 to $3.62 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Certain of these shares are represented by previously reported RSUs.