Blend Labs, Inc. — Director's Dealing 2023

Dec 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2023-12-20

Reporting Person: Chen Gerald C. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-20	Class A Common Stock	M	10000	—	Acquired	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-20	Restricted Stock Units	$	A	10000	Acquired		Class A Common Stock (10000)	Direct
2023-12-20	Restricted Stock Units	$	M	10000	Disposed		Class A Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9030775	Indirect
Class A Common Stock	501708	Indirect
Class A Common Stock	501708	Indirect

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.

F2: Shares are held of record by Greylock 15 Limited Partnership ("Greylock 15").

F3: 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.

F4: Shares are held of record by Greylock Principals.

F5: Shares are held of record by Greylock 15-A.

F6: The RSUs were fully vested as of the grant date.