Filing Details
- Accession Number:
- 0001209191-22-049173
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-08 16:39:27
- Reporting Period:
- 2022-09-06
- Accepted Time:
- 2022-09-08 16:39:27
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1855747 | Blend Labs Inc. | BLND | Services-Computer Programming, Data Processing, Etc. (7370) | 455211045 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1870987 | Crystal Sumner | 415 Kearny St. San Francisco CA 94108 | Head Of Legal, Compliance,Risk | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-09-06 | 1,449 | $0.54 | 601,221 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2022-09-06 | 11,471 | $0.87 | 612,692 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-09-06 | 12,920 | $3.10 | 599,772 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2022-09-07 | 12,920 | $0.87 | 612,692 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-09-07 | 12,920 | $3.01 | 599,772 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2022-09-06 | 1,449 | $0.00 | 1,449 | $0.54 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2022-09-06 | 11,471 | $0.00 | 11,471 | $0.87 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2022-09-07 | 12,920 | $0.00 | 12,920 | $0.87 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2026-08-21 | No | 4 | M | Direct | |
| 148,529 | 2028-12-16 | No | 4 | M | Direct | |
| 135,609 | 2028-12-16 | No | 4 | M | Direct |
Footnotes
- Certain of these shares are represented by previously reported RSUs.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- This sale price represents the weighted average sale price of the shares sold ranging from $3.04 to $3.155 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- This sale price represents the weighted average sale price of the shares sold ranging from $2.99 to $3.045 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- The shares subject to this option are fully vested and immediately exercisable.
Billionaire Hedge Funds
