Form 4 for BLND Blend Labs, Inc.
Accepted 2023-11-22 00:00:00 ET · period of report 2023-11-20 · accession 0001209191-23-056533 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-11-22 | 2023-11-20 | BLND | Ghamsari Nima | Head of Blend, Dir | M - OptEx | — | +375.0K | 375.0K | New | — |
| D | 2023-11-22 | 2023-11-20 | BLND | Ghamsari Nima | Head of Blend, Dir | F - Tax | $1.26 | -154.7K | 220.3K | -41% | -$194.9K |
| D | 2023-11-22 | 2023-11-20 | BLND | Ghamsari Nima | Head of Blend, Dir | M - OptEx | $0.00 | -375.0K | 5.62M | -6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-11-20 | M | A | 375,000 | — | 375,000 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-11-20 | F | D | 154,674 | $1.26 | 220,326 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-11-20 | M | D | 375,000 | $0.00 | 5,625,000 | D | — · — to — | 375,000 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. (F3) The RSUs will vest in equal quarterly increments over a four year period, subject to the Reporting Person continuing to be a Service Provider through each such date. |