Company: BLND
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001855747-25-000024
Chunk: 52

Company: Blend Labs, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 52
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 conversion of warrants with an exercise price of $4.50 per share held, (ii) 3,747,235 shares of Class B common stock; (ii) 3,280,626 shares of Class A common stock subject to options exercisable within 60 days of March 31, 2025 held by our current executive officers and directors, all of which would be fully vested as of such date, (iii) 912,500 shares of Class A common stock subject to the vesting and settlement of RSUs within 60 days of March 31, 2025 held by our current executive officers and directors, and (iv) 5,184,092 shares of Class B common stock subject to options exercisable within 60 days of March 31, 2025 held by Mr. Ghamsari, all of which would be fully vested as of such date.

(8) According to a Schedule 13G/A filed with the SEC on February 14, 2023 reporting stock ownership as of December 31, 2022, consists of (i) 14,818,355 shares of Class A common stock held of record by Lightspeed Venture Partners IX, L.P. (“Lightspeed IX”); (ii) 6,047,382 shares of Class A common stock held of record by Lightspeed Venture Partners Select, L.P. (“Lightspeed Select”); (iii) 2,261,500 shares of Class A common stock held of record by Lightspeed Venture Partners Select III, L.P. (“Lightspeed Select III”); and (iv) 82,908 shares of our Class A common stock held of record by Ravi Mhatre and Peter Nieh, who evercise sole voting and dispositive power over such shares. Lightspeed General Partner IX, L.P. (“LGP IX”), is the general partner of Lightspeed IX. Lightspeed Ultimate General Partner IX, Ltd. (“LUGP IX”), is the general partner of LGP IX. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP IX and share voting and dispositive power with respect to the shares held by Lightspeed IX. Messrs. Eggers, Mhatre, and Nieh disclaim beneficial ownership of the shares held by Lightspeed IX except to the extent of their pecuniary interest therein. Lightspeed General Partner Select, L.P. (“LGP Select”), is the general partner of Lightspeed