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Blend Labs, Inc. — Director's Dealing 2021
Jul 16, 2021
32251_dirs_2021-07-15_9f3077e3-eb51-490f-b220-3d65e15f2f0b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2021-07-15
Reporting Person: Ossa Investments Pte. Ltd. (10% Owner)
Reporting Person: Hotham Investments Pte. Ltd. (10% Owner)
Reporting Person: Fullerton Management Pte Ltd (10% Owner)
Reporting Person: Temasek Holdings (Private) Ltd (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series E convertible preferred stock | $ | Class B common stock (10949867) | Direct | ||
| Series F convertible preferred stock | $ | Class B common stock (925906) | Direct |
Footnotes
F1: Each share of preferred stock is convertible, at the option of the holder, into one share of Class B common stock without payment or further consideration and has no expiration date. Each share of preferred stock will convert into one share of Class B common stock and thereafter into one share of Class A common stock immediately prior to completion of the Issuer's initial public offering without payment or further consideration and has no expiration date.
F2: Immediately prior to the completion of the Issuer's initial public offering of Class A common stock, each share of Class A common stock as currently named will be reclassified into one share of Class B common stock and each share of Class B common stock as currently named will be reclassified into one share of Class A common stock. This Form 3 assumes all shares have been renamed as if such reclassification has already occurred.
F3: The securities reported herein are held of record by Ossa Investments Pte. Ltd. ("Ossa Investments"), which is a direct wholly-owned subsidiary of Hotham Investments Pte. Ltd. ("Hotham"). Hotham is a direct wholly-owned subsidiary of Fullerton Management Pte Ltd ("FMPL"), which in turn is a direct wholly-owned subsidiary of Temasek Holdings (Private) Limited ("Temasek Holdings"). Hotham, FMPL and Temasek Holdings may therefore be deemed to have or share beneficial ownership of the securities held by Ossa Investments.