Venkatramani Srinivasan 4
4 · Blend Labs, Inc. · Filed Jan 31, 2025
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Venkatramani Srinivasan
Head of Product Tech & Cust Op
Transactions
- Award
Restricted Stock Units
2025-01-29+1,300,000→ 1,300,000 total→ Class A Common Stock (1,300,000 underlying) - Award
Performance-based Restricted Stock Units
2025-01-29+1,300,000→ 1,300,000 total→ Class A Common Stock (1,300,000 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F2]1/4th of the RSUs will vest on February 20, 2026, and the remaining RSUs will vest in equal quarterly increments over the following three year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
- [F3]Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F4]The PSUs are eligible to vest in four (4) equal tranches based on the Company's stock price performance over a performance period commencing on the grant date and ending December 31, 2029, subject to the Reporting Person continuing to be a Service Provider through each such date.