4//SEC Filing
Jafari Amir 4
Accession 0001415889-25-008073
CIK 0001855747other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:10 PM ET
Size
13.2 KB
Accession
0001415889-25-008073
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Jafari Amir
HEAD OF FINANCE AND ADMIN.
Transactions
- Disposition to Issuer
Performance-based Restricted Stock Units.
2025-03-13−750,000→ 0 total→ Class A Common Stock (750,000 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2025-03-13−150,000→ 0 total→ Class A Common Stock (150,000 underlying) - Award
Restricted Stock Units
2025-03-13+750,000→ 750,000 total→ Class A Common Stock (750,000 underlying) - Award
Performance-based Restricted Stock Units
2025-03-13+1,300,000→ 1,300,000 total→ Class A Common Stock (1,300,000 underlying)
Footnotes (7)
- [F1]Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F2]The PSUs were eligible to vest in four (4) equal tranches based on the Company's stock price performance over a five year performance period, subject to the Reporting Person continuing to be a Service Provider through each such date.
- [F3]On March 13, 2025, the Issuer canceled 750,000 PSUs granted to the Reporting Person on March 13, 2023. In exchange, the Reporting Person received an aggregate of 1,300,000 replacement PSUs.
- [F4]On March 13, 2025, the Issuer canceled 150,000 PSUs granted to the Reporting Person on August 23, 2023. In exchange, the Reporting Person received an aggregate of 1,300,000 replacement PSUs.
- [F5]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.
- [F6]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F7]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.
Documents
Issuer
Blend Labs, Inc.
CIK 0001855747
Entity typeother
Related Parties
1- filerCIK 0001964651
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 4:10 PM ET
- Size
- 13.2 KB