Crystal Sumner - 22 Aug 2022 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Reporting relationship: Head of Legal, Compliance,Risk
Issuer ticker: BLND
Reported as of: 22 Aug 2022
Net transaction value: -$58,944
SEC form: 4
Accepted by SEC: 24 Aug 2022, 16:54:22 UTC
Prior SEC filing: 24 May 2022
Next SEC filing: 26 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Crystal Sumner

Key filing fact

Crystal Sumner filed Form 4 for Blend Labs, Inc. (BLND) on 24 Aug 2022.

Key facts

This page summarizes Crystal Sumner's Form 4 filing for Blend Labs, Inc. (BLND).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 24 Aug 2022, 16:54.

Change

Previous filing in this sequence was filed on 24 May 2022.
Current net transaction value: -$58,944.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BLND transaction

Class A Common Stock

Sale

Transaction value: $58,944
Shares: -20,266
Change %: -3.1%
Price: $2.91
Shares after: 634,483
Date: 22 Aug 2022
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares sold to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").

Footnote F2

This sale price represents the weighted average sale price of the shares sold ranging from $2.795 to $2.985 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.

Footnote F3

Certain of these shares are represented by previously reported RSUs.