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Blend Labs, Inc. — Director's Dealing 2021
Jul 22, 2021
32251_dirs_2021-07-22_dcfdb27c-456b-4261-b9c6-078207458200.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2021-07-20
Reporting Person: Chen Gerald C. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-20 | Class A Common Stock | C | 9030775 | $0.00 | Acquired | 9030775 | Indirect |
| 2021-07-20 | Class A Common Stock | C | 501708 | $0.00 | Acquired | 501708 | Indirect |
| 2021-07-20 | Class A Common Stock | C | 501708 | $0.00 | Acquired | 501708 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-20 | Series D Preferred Stock | $ | C | 8829213 | Disposed | Class B Common Stock (8829213) | Indirect | |
| 2021-07-20 | Series E Preferred Stock | $ | C | 189334 | Disposed | Class B Common Stock (189334) | Indirect | |
| 2021-07-20 | Series F Preferred Stock | $ | C | 12228 | Disposed | Class B Common Stock (12228) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 9030775 | Acquired | Class A Common Stock (9030775) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 9030775 | Disposed | Class A Common Stock (9030775) | Indirect | |
| 2021-07-20 | Series D Preferred Stock | $ | C | 490511 | Disposed | Class B Common Stock (490511) | Indirect | |
| 2021-07-20 | Series E Preferred Stock | $ | C | 10518 | Disposed | Class B Common Stock (10518) | Indirect | |
| 2021-07-20 | Series F Preferred Stock | $ | C | 679 | Disposed | Class B Common Stock (679) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 501708 | Acquired | Class A Common Stock (501708) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 501708 | Disposed | Class A Common Stock (0) | Indirect | |
| 2021-07-20 | Series D Preferred Stock | $ | C | 490511 | Disposed | Class B Common Stock (490511) | Indirect | |
| 2021-07-20 | Series E Preferred Stock | $ | C | 10518 | Disposed | Class B Common Stock (10518) | Indirect | |
| 2021-07-20 | Series F Preferred Stock | $ | C | 679 | Disposed | Class B Common Stock (679) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 501708 | Acquired | Class A Common Stock (501708) | Indirect | |
| 2021-07-20 | Class B Common Stock | $ | C | 501708 | Disposed | Class A Common Stock (0) | Indirect |
Footnotes
F1: Shares are held of record by Greylock 15 Limited Partnership ("Greylock 15").
F2: Greylock 15 GP LLC ("Greylock LLC") is the general partner of each of Greylock 15, Greylock 15 Principals Limited Partnership ("Greylock Principals"), and Greylock 15-A Limited Partnership ("Greylock 15-A"). The Reporting Person disclaims beneficial ownership of all securities other than those he owns directly, if any, or by virtue of his indirect pro rata interest, as a managing member of Greylock LLC, in the Class A common stock owned by Greylock 15, Greylock Principals, and/or Greylock 15-A.
F3: Shares are held of record by Greylock Principals.
F4: Shares are held of record by Greylock 15-A.
F5: Each share of Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock was converted into one share of Class B Common Stock prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F6: Each share of Class B Common Stock was converted into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.