4//SEC Filing
Bess Lane 4
Accession 0000950170-25-005989
CIK 0001871638other
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 8:46 PM ET
Size
14.0 KB
Accession
0000950170-25-005989
Insider Transaction Report
Form 4
Bess Lane
Director10% Owner
Transactions
- Award
Common Stock
2025-01-13+47,341→ 47,341 total - Award
Common Stock
2025-01-13+11,653,976→ 11,653,976 total(indirect: By LLC) - Award
Stock Option
2025-01-13+187,379→ 187,379 totalExercise: $1.18Exp: 2034-10-23→ Common Stock (187,379 underlying) - Award
Common Stock
2025-01-13+442,587→ 442,587 total(indirect: By Trust) - Award
Stock Option
2025-01-13+185,234→ 185,234 totalExercise: $1.18Exp: 2034-10-23→ Common Stock (185,234 underlying)
Footnotes (8)
- [F1]Represents Earn-Out Shares, each of which represents a contingent right to receive one share of Common Stock if the trading price of the Issuer's Common Stock exceeds certain thresholds for 20 of 30 consecutive trading days post-closing of the Issuer's business combination.
- [F2]Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC. Includes 1,207,193 Earn-Out Shares. Also includes 1,500,000 shares of Common Stock that BurTech LP LLC is obligated to deliver to Bess Ventures and Advisory, LLC pursuant to two promissory notes.
- [F3]The reporting person is the managing member and owner of Bess Ventures and Advisory, LLC and therefore may be deemed to share beneficial ownership over such shares.
- [F4]Represents securities received as part of the Merger Agreement. Includes 52,619 Earn-Out Shares.
- [F5]Represents securities held by the Coral Gables Trust Company, as Trustee of the Destin Huang Irrevocable Trust Dated October 19, 2021 (the "Trust"). The reporting person is the Investment Fiduciary of the Trust and therefore may be deemed to share beneficial ownership over such shares.
- [F6]Represents securities received as part of the Merger Agreement, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement.
- [F7]The stock option is fully vested and exercisable.
- [F8]The stock option vests as to one third of the underlying shares on December 1, 2025 and thereafter in 24 equal monthly installments.
Documents
Issuer
Blaize Holdings, Inc.
CIK 0001871638
Entity typeother
Related Parties
1- filerCIK 0001733859
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 8:46 PM ET
- Size
- 14.0 KB