Jafari Amir 4
4 · Blend Labs, Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Jafari Amir
HEAD OF FINANCE AND ADMIN.
Transactions
- Exercise/Conversion
Class A Common Stock
2025-02-20+37,500→ 972,123 total - Tax Payment
Class A Common Stock
2025-02-20$3.99/sh−59,835$238,742→ 912,288 total - Exercise/Conversion
Restricted Stock Units
2025-02-20−125,000→ 1,000,000 total→ Class A Common Stock (125,000 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-20−37,500→ 75,000 total→ Class A Common Stock (37,500 underlying) - Exercise/Conversion
Class A Common Stock
2025-02-20+125,000→ 934,623 total
Footnotes (4)
- [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.