Marc S. Greenberg - 21 Nov 2022 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Signature
/s/ Crystal Sumner, Attorney-in-fact
Issuer symbol
BLND
Transactions as of
21 Nov 2022
Net transactions value
-$31,745
Form type
4
Filing time
23 Nov 2022, 15:03:11 UTC
Previous filing
25 Feb 2022
Next filing
22 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Sale $31,745 -19,228 -12% $1.65 147,324 21 Nov 2022 Direct F1, F2, F3
holding BLND Class A Common Stock 504,941 21 Nov 2022 See footnote F4
* 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 $1.58 to $1.78 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.
F4 Shares are held of record by the Greenberg Family Living Trust, dated June 22, 2013, of which the Reporting Person is a trustee.