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Blend Labs, Inc. — Director's Dealing 2024
Jul 18, 2024
32251_dirs_2024-07-17_942c6232-95bc-43ae-a3a4-6e6c52df865d.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: 2024-07-15
Reporting Person: Ghamsari Nima (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-15 | Class A Common Stock | J | 475000 | — | Acquired | 4131600 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-15 | Class B Common Stock | $ | J | 475000 | Disposed | Class A Common Stock (475000) | Direct |
Footnotes
F1: Upon conversion of the shares of Class B Common Stock, the Reporting Person pledged an equal number of shares of Class A Common Stock as collateral to secure certain personal indebtedness.
F2: Following this transaction and as of the date hereof, the shares beneficially owned by the Reporting Person represent approximately 44% of the total voting power of the Company's outstanding capital stock.
F3: Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
F4: The shares of Class B Common Stock held of record by the Reporting Person are pledged as collateral to secure certain personal indebtedness of the Reporting Person.