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Blend Labs, Inc. — Director's Dealing 2021
Jul 16, 2021
32251_dirs_2021-07-15_803b18e6-a9c0-4ed7-a27f-085362d68f22.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: Chen Gerald C. (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series D Preferred Stock | $ | Class B Common Stock (8829213) | Indirect | ||
| Series E Preferred Stock | $ | Class B Common Stock (189334) | Indirect | ||
| Series F Preferred Stock | $ | Class B Common Stock (12228) | Indirect | ||
| Series D Preferred Stock | $ | Class B Common Stock (490511) | Indirect | ||
| Series E Preferred Stock | $ | Class B Common Stock (10518) | Indirect | ||
| Series F Preferred Stock | $ | Class B Common Stock (679) | Indirect | ||
| Series D Preferred Stock | $ | Class B Common Stock (490511) | Indirect | ||
| Series E Preferred Stock | $ | Class B Common Stock (10518) | Indirect | ||
| Series F Preferred Stock | $ | Class B Common Stock (679) | Indirect |
Footnotes
F1: Each share of Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock will convert into Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock 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: Shares are held of record by Greylock 15 Limited Partnership ("Greylock 15").
F4: 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.
F5: Shares are held of record by Greylock Principals.
F6: Shares are held of record by Greylock 15-A.