Klinger Dean 4
4 · Blend Labs, Inc. · Filed Sep 7, 2023
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Klinger Dean
Head of Go-To-Market
Transactions
- Tax Payment
Class A Common Stock
2023-09-06$1.15/sh−36,525$42,004→ 113,475 total - Exercise/Conversion
Class A Common Stock
2023-09-06+150,000→ 150,000 total - Exercise/Conversion
Restricted Stock Units
2023-09-06−150,000→ 450,000 total→ Class A Common Stock (150,000 underlying)
Footnotes (3)
- [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]1/4th of the RSUs vested on September 6, 2023, 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.