Oxana Tkach - Dec 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
Dec 20, 2023
Transactions value $
-$4,321
Form type
4
Date filed
12/22/2023, 04:54 PM
Previous filing
Nov 22, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock +Options Exercise +6,142 +13.24% 52,518 Dec 20, 2023 Direct F1
transaction BLND Class A Common Stock -Tax liability -$4,321 -1,895 -3.61% $2.28 50,623 Dec 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 -6,142 -25% $0.00 18,427 Dec 20, 2023 Class A Common Stock 6,142 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.