Gerald C. Chen - 10 Jun 2025 Form 4/A - Amendment Insider Report for Blend Labs, Inc. (BLND)

Role
Director
Signature
/s/ Winnie Ling, Attorney-in-fact
Issuer symbol
BLND
Transactions as of
10 Jun 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
16 Jul 2025, 16:00:11 UTC
Date Of Original Report
13 Jun 2025
Previous filing
14 Jun 2024
Next filing
13 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chen Gerald C. Director 7250 REDWOOD BLVD., SUITE 300, NOVATO /s/ Winnie Ling, Attorney-in-fact 16 Jul 2025 0001871516

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Options Exercise +50,000 +132% 87,760 10 Jun 2025 Direct F1
holding BLND Class A Common Stock 9,030,775 10 Jun 2025 See footnote F2, F3
holding BLND Class A Common Stock 501,708 10 Jun 2025 See footnote F3, F4
holding BLND Class A Common Stock 501,708 10 Jun 2025 See footnote F3, F5

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 -50,000 -100% $0.000000 0 10 Jun 2025 Class A Common Stock 50,000 Direct F1, F6
transaction BLND Restricted Stock Units Award $0 +50,000 $0.000000 50,000 11 Jun 2025 Class A Common Stock 50,000 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 are held of record by Greylock 15 Limited Partnership ("Greylock 15").
F3 Greylock 15 GP LLC ("Greylock LLC") is the general partner of each of Greylock 15, Greylock 15 Principals Limited Partnership ("Greylock Principals"), and Greylock 15-A Limited Partnership ("Greylock 15-A"). The Reporting Person disclaims beneficial ownership of all securities other than those he owns directly, if any, or by virtue of his indirect pro rata interest, as a managing member of Greylock LLC, in the Class A common stock owned by Greylock 15, Greylock Principals, and/or Greylock 15-A.
F4 Shares are held of record by Greylock Principals.
F5 Shares are held of record by Greylock 15-A.
F6 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.

Remarks:

This Form 4/A amends and restates in its entirety the Reporting Person's Form 4 that was filed on June 13, 2025.