0001209191-23-057060.txt : 20231201
0001209191-23-057060.hdr.sgml : 20231201
20231201160237
ACCESSION NUMBER: 0001209191-23-057060
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231130
FILED AS OF DATE: 20231201
DATE AS OF CHANGE: 20231201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ghamsari Nima
CENTRAL INDEX KEY: 0001870974
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40599
FILM NUMBER: 231459470
MAIL ADDRESS:
STREET 1: 415 KEARNY STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94108
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Blend Labs, Inc.
CENTRAL INDEX KEY: 0001855747
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 455211045
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 415 KEARNY ST.
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94108
BUSINESS PHONE: (650) 550-4810
MAIL ADDRESS:
STREET 1: 415 KEARNY ST.
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94108
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-11-30
0
0001855747
Blend Labs, Inc.
BLND
0001870974
Ghamsari Nima
415 KEARNY ST.
SAN FRANCISCO
CA
94108
1
1
0
0
Head of Blend
1
Class A Common Stock
2023-11-30
4
J
0
71428
0.00
A
291754
D
Class A Common Stock
2023-11-30
4
S
0
71428
1.2853
D
220326
D
Class A Common Stock
2023-11-30
4
S
0
178571
1.2851
D
41755
D
Class B Common Stock
2023-11-30
4
J
0
71428
0.00
D
Class A Common Stock
71428
9217862
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2023.
This sale price represents the weighted average sale price of the shares sold ranging from $1.26 to $1.39 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
All the shares of Class B Common Stock were previously pledged as collateral to secure certain personal indebtedness of the Reporting Person under a loan. On November 30, 2023, the Reporting Person sold the shares pursuant to a Rule 10b5-1 trading plan and used the proceeds to reduce the outstanding amount under the loan. The Reporting Person will make further sales of shares from time to time and use the proceeds to further reduce the outstanding amount under the loan as required under the loan documentation.
The shares of Class B Common Stock held of record by the Reporting Person are pledged as collateral to secure certain personal indebtedness of the Reporting Person.
/s/ Winnie Ling, Attorney-in-fact
2023-12-01