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Blend Labs, Inc. — Director's Dealing 2021
Jul 16, 2021
32251_dirs_2021-07-15_dcf54cdf-8e17-41fa-84ff-0b5b53669792.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: Ferguson Roger W. Jr. (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $8.58 | 2031-03-30 | Class A Common Stock (34965) | Direct |
Footnotes
F1: 1/12th of the shares subject to this option vest monthly following March 31, 2021, subject to the Reporting Person's continued role as a service provider to the Issuer. This option is subject to an early exercise provision and is immediately exercisable.
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.