Filing Details

Accession Number:
0001209191-22-060235
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-07 18:24:57
Reporting Period:
2022-12-05
Accepted Time:
2022-12-07 18:24:57
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 2022-12-05 6,409 $0.87 560,204 No 4 M Direct
Class A Common Stock Disposition 2022-12-05 12,914 $1.30 547,290 No 4 S Direct
Class A Common Stock Disposition 2022-12-06 12,914 $1.13 534,376 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2022-12-05 6,409 $0.00 6,409 $0.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2028-12-16 No 4 M Direct
Footnotes
  1. Certain of these shares are represented by previously reported restricted stock units.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. This sale price represents the weighted average sale price of the shares sold ranging from $1.28 to $1.35 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.
  4. This sale price represents the weighted average sale price of the shares sold ranging from $1.11 to $1.155 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.
  5. The shares subject to this option are fully vested and immediately exercisable.