Marc S. Greenberg - 23 Feb 2022 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
Head of Finance
Signature
/s/ Crystal Sumner, Attorney-in-fact
Issuer symbol
BLND
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 15:27:26 UTC
Previous filing
04 Jan 2022
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Award $0 +100,327 +151% $0.000000 166,552 23 Feb 2022 Direct F1, F2
holding BLND Class A Common Stock 504,941 23 Feb 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). 50,163 of the RSUs will vest on November 20, 2022 and the remaining RSUs will vest on February 20, 2023, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
F2 Certain of these shares are represented by previously reported RSUs.
F3 Shares are held of record by the Greenberg Family Living Trust, dated June 22, 2013, of which the Reporting Person is a trustee.