Oxana Tkach - Sep 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
Sep 20, 2023
Transactions value $
-$2,226
Form type
4
Date filed
9/22/2023, 04:26 PM
Previous filing
Aug 23, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock +Options Exercise +6,143 +25.87% 29,892 Sep 20, 2023 Direct F1
transaction BLND Class A Common Stock -Tax liability -$2,226 -1,840 -6.16% $1.21 28,052 Sep 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 -6,143 -20% $0.00 24,569 Sep 20, 2023 Class A Common Stock 6,143 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 an 18 month period, subject to the Reporting Person continuing to be a Service Provider through each such date.