Form 4 for BLND Blend Labs, Inc.
Accepted 2024-08-22 00:00:00 ET · period of report 2024-08-20 · accession 0001415889-24-022006 · 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 | 2024-08-22 | 2024-08-20 | BLND | Jafari Amir | HEAD OF Fin AND ADMIN | F - Tax | $3.97 | -82.4K | 581.5K | -12% | -$327.0K |
| DM | 2024-08-22 | 2024-08-20 | BLND | Jafari Amir | HEAD OF Fin AND ADMIN | M - OptEx | — | +162.5K | 626.4K | +35% | — |
| DM | 2024-08-22 | 2024-08-20 | BLND | Jafari Amir | HEAD OF Fin AND ADMIN | M - OptEx | $0.00 | -162.5K | 150.0K | -52% | $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 | 2024-08-20 | F | D | 82,357 | $3.97 | 581,520 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-08-20 | M | A | 37,500 | — | 663,877 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2024-08-20 | M | A | 125,000 | — | 626,377 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. |
| 4 | Derivative | Restricted Stock Units | 2024-08-20 | M | D | 125,000 | $0.00 | 1,250,000 | D | — · — to — | 125,000 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) 25% of the RSUs vested on February 20, 2024 and the remaining RSUs will vest in equal quarterly increments over a three year period, subject to the Reporting Person continuing to be a Service Provider through each such date. |
| 5 | Derivative | Restricted Stock Units | 2024-08-20 | M | D | 37,500 | $0.00 | 150,000 | D | — · — to — | 37,500 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. (F4) The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date. |