AI assistant
Blend Labs, Inc. — Director's Dealing 2025
Feb 22, 2025
32251_dirs_2025-02-21_fcd2daed-2474-4aa5-baa1-02a66d5fbf76.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2025-02-20
Reporting Person: Jafari Amir (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-20 | Class A Common Stock | M | 125000 | — | Acquired | 934623 | Direct |
| 2025-02-20 | Class A Common Stock | M | 37500 | — | Acquired | 972123 | Direct |
| 2025-02-20 | Class A Common Stock | F | 59835 | $3.99 | Disposed | 912288 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-20 | Restricted Stock Units | $ | M | 125000 | Disposed | Class A Common Stock (125000) | Direct | |
| 2025-02-20 | Restricted Stock Units | $ | M | 37500 | Disposed | Class A Common Stock (37500) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
F2: Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
F3: 25% of the RSUs vested on February 20, 2024 and the remaining RSUs will vest in equal quarterly increments over a three year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
F4: The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.