Amir Jafari - Nov 13, 2023 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role: Head of Finance and Admin.
Signature: /s/ Winnie Ling, Attorney-in-fact
Stock symbol: BLND
Transactions as of: Nov 13, 2023
Transactions value $: $15,350
Form type: 4
Date filed: 11/13/2023, 07:25 PM
Previous filing: Oct 17, 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	Purchase	$15.4K	+12.6K	+44.26%	$1.22	41.1K	Nov 13, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2023.