Sec Form 4 Filing - Ossa Investments Pte. Ltd. @ Blend Labs, Inc. - 2021-07-20

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Ossa Investments Pte. Ltd.
2. Issuer Name and Ticker or Trading Symbol
Blend Labs, Inc. [ BLND]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
60B ORCHARD ROAD, #06-18 TOWER 2, THE ATRIUM@ORCHARD
3. Date of Earliest Transaction (MM/DD/YY)
07/20/2021
(Street)
U0238891
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock ( 1 ) 07/20/2021 C( 1 )( 2 ) 11,875,773 A 11,875,773 D ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series E convertible preferred stock ( 2 ) 07/20/2021 C( 1 )( 2 ) 10,949,867 ( 2 ) ( 2 ) Class B common stock ( 1 ) 10,949,867 ( 2 ) 0 D ( 3 )
Series F convertible preferred stock ( 2 ) 07/20/2021 C( 1 )( 2 ) 925,906 ( 2 ) ( 2 ) Class B common stock ( 1 ) 925,906 ( 2 ) 0 D ( 3 )
Class B common stock ( 1 ) ( 2 ) 07/20/2021 C( 1 )( 2 ) 11,875,773 ( 2 ) ( 2 ) Class A common stock 11,875,773 ( 2 ) 11,875,773 D ( 3 )
Class B common stock ( 1 ) ( 2 ) 07/20/2021 C( 1 )( 2 ) 11,875,773 ( 2 ) ( 2 ) Class A common stock 11,875,773 ( 2 ) 0 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ossa Investments Pte. Ltd.
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
U0238891
X
Hotham Investments Pte. Ltd.
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
U0238891
X
Fullerton Management Pte Ltd
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
U0238891
X
Temasek Holdings (Private) Ltd
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
U0238891
X
Signatures
Ossa Investments Pte. Ltd., By: /s/ Han Sack Teng, Director 07/22/2021
Signature of Reporting Person Date
Hotham Investments Pte. Ltd., By: /s/ Han Sack Teng, Director 07/22/2021
Signature of Reporting Person Date
Fullerton Management Pte Ltd, By: /s/ Gregory Tan, Director 07/22/2021
Signature of Reporting Person Date
Temasek Holdings (Private) Limited, By: /s/ Jason Norman Lee, Authorized Signatory 07/22/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Immediately prior to the completion of the Issuer's initial public offering of Class A common stock, each share of Class A common stock as then named was reclassified into one share of Class B common stock and each share of Class B common stock as then named was reclassified into one share of Class A common stock. This Form 4 assumes all shares had been renamed as if such reclassification had already occurred.
( 2 )Immediately prior to the completion of the Issuer's initial public offering of Class A common stock on July 20, 2021, each share of preferred stock automatically converted into one share of Class B common stock and thereafter into one share of Class A common stock without payment or further consideration and has no expiration date.
( 3 )The securities reported herein are held of record by Ossa Investments Pte. Ltd. ("Ossa Investments"), which is a direct wholly-owned subsidiary of Hotham Investments Pte. Ltd. ("Hotham"). Hotham is a direct wholly-owned subsidiary of Fullerton Management Pte Ltd ("FMPL"), which in turn is a direct wholly-owned subsidiary of Temasek Holdings (Private) Limited ("Temasek Holdings"). Hotham, FMPL and Temasek Holdings may therefore be deemed to have or share beneficial ownership of the securities held by Ossa Investments.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.