Timothy J. Mayopoulos - Jun 12, 2024 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
Director
Signature
/s/ Winnie Ling, Attorney-in-fact
Stock symbol
BLND
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/14/2024, 04:20 PM
Previous filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock +Options Exercise +27,760 +5.66% 518,652 Jun 12, 2024 Direct F1

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 +Grant/Award $0 +27,760 $0.00 27,760 Jun 12, 2024 Class A Common Stock 27,760 Direct F1, F2
transaction BLND Restricted Stock Units -Options Exercise $0 -27,760 -100% $0.00 0 Jun 12, 2024 Class A Common Stock 27,760 Direct F1, F2
transaction BLND Restricted Stock Units +Grant/Award $0 +50,000 $0.00 50,000 Jun 12, 2024 Class A Common Stock 50,000 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 The RSUs were fully vested as of the grant date.
F3 The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.