Marc S. Greenberg - Dec 20, 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
Dec 20, 2022
Transactions value $
-$28,170
Form type
4
Date filed
12/22/2022, 03:02 PM
Previous filing
Nov 23, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Sale -$28.2K -23.2K -15.72% $1.22 124K Dec 20, 2022 Direct F1, F2, F3
holding BLND Class A Common Stock 505K Dec 20, 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 $1.20 to $1.225 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.