Oxana Tkach - Aug 20, 2023 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
Principal Accounting Officer
Signature
/s/ Winnie Ling, Attorney-in-fact
Stock symbol
BLND
Transactions as of
Aug 20, 2023
Transactions value $
-$540
Form type
4
Date filed
8/21/2023, 04:33 PM
Previous filing
Aug 18, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock +Options Exercise +1,500 +6.61% 24,199 Aug 20, 2023 Direct F1
transaction BLND Class A Common Stock -Tax liability -$540 -450 -1.86% $1.20 23,749 Aug 20, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLND Restricted Stock Units -Options Exercise $0 -1,500 -14.29% $0.00 9,000 Aug 20, 2023 Class A Common Stock 1,500 Direct F1, F3

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
F2 Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
F3 The RSUs vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.