4//SEC Filing
NASR KHALED 4
Accession 0001209191-21-066518
CIK 0001676238other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 5:00 PM ET
Size
30.1 KB
Accession
0001209191-21-066518
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Kliman Gilbert H
10% Owner
Transactions
- Conversion
Class B Common Stock
2021-11-19−1,130,000→ 3,394,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (1,130,000 underlying) - Conversion
Series D Preferred Stock
2021-11-19−95,976→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (95,976 underlying) - Other
Common Stock
2021-11-19−4,524,219→ 0 total(indirect: By InterWest Partners X, L.P.) - Other
Class B Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (4,524,219 underlying) - Conversion
Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.) - Conversion
Class A Common Stock
2021-11-19+1,130,000→ 1,130,000 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series B Preferred Stock
2021-11-19−2,824,395→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (2,824,395 underlying) - Conversion
Series C Preferred Stock
2021-11-19−1,603,848→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (1,603,848 underlying) - Sale
Class A Common Stock
2021-11-19$61.42/sh−1,130,000$69,404,600→ 0 total(indirect: By InterWest Partners X, L.P.)
Desai Keval
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-11-19+1,130,000→ 1,130,000 total(indirect: By InterWest Partners X, L.P.) - Sale
Class A Common Stock
2021-11-19$61.42/sh−1,130,000$69,404,600→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series C Preferred Stock
2021-11-19−1,603,848→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (1,603,848 underlying) - Other
Common Stock
2021-11-19−4,524,219→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series B Preferred Stock
2021-11-19−2,824,395→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (2,824,395 underlying) - Conversion
Series D Preferred Stock
2021-11-19−95,976→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (95,976 underlying) - Conversion
Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.) - Other
Class B Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (4,524,219 underlying) - Conversion
Class B Common Stock
2021-11-19−1,130,000→ 3,394,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (1,130,000 underlying)
InterWest Management Partners X, LLC
10% Owner
Transactions
- Conversion
Series B Preferred Stock
2021-11-19−2,824,395→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (2,824,395 underlying) - Conversion
Series C Preferred Stock
2021-11-19−1,603,848→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (1,603,848 underlying) - Conversion
Class B Common Stock
2021-11-19−1,130,000→ 3,394,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (1,130,000 underlying) - Conversion
Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.) - Other
Common Stock
2021-11-19−4,524,219→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Class A Common Stock
2021-11-19+1,130,000→ 1,130,000 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series D Preferred Stock
2021-11-19−95,976→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (95,976 underlying) - Other
Class B Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (4,524,219 underlying) - Sale
Class A Common Stock
2021-11-19$61.42/sh−1,130,000$69,404,600→ 0 total(indirect: By InterWest Partners X, L.P.)
INTERWEST PARTNERS X LP
10% Owner
Transactions
- Sale
Class A Common Stock
2021-11-19$61.42/sh−1,130,000$69,404,600→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.) - Conversion
Class B Common Stock
2021-11-19−1,130,000→ 3,394,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (1,130,000 underlying) - Conversion
Series B Preferred Stock
2021-11-19−2,824,395→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (2,824,395 underlying) - Other
Common Stock
2021-11-19−4,524,219→ 0 total(indirect: By InterWest Partners X, L.P.) - Other
Class B Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (4,524,219 underlying) - Conversion
Class A Common Stock
2021-11-19+1,130,000→ 1,130,000 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series C Preferred Stock
2021-11-19−1,603,848→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (1,603,848 underlying) - Conversion
Series D Preferred Stock
2021-11-19−95,976→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (95,976 underlying)
NASR KHALED
10% Owner
Transactions
- Conversion
Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.) - Other
Common Stock
2021-11-19−4,524,219→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Class A Common Stock
2021-11-19+1,130,000→ 1,130,000 total(indirect: By InterWest Partners X, L.P.) - Sale
Class A Common Stock
2021-11-19$61.42/sh−1,130,000$69,404,600→ 0 total(indirect: By InterWest Partners X, L.P.) - Conversion
Series B Preferred Stock
2021-11-19−2,824,395→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (2,824,395 underlying) - Conversion
Series C Preferred Stock
2021-11-19−1,603,848→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (1,603,848 underlying) - Conversion
Series D Preferred Stock
2021-11-19−95,976→ 0 total(indirect: By InterWest Partners X, L.P.)→ Common Stock (95,976 underlying) - Other
Class B Common Stock
2021-11-19+4,524,219→ 4,524,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (4,524,219 underlying) - Conversion
Class B Common Stock
2021-11-19−1,130,000→ 3,394,219 total(indirect: By InterWest Partners X, L.P.)→ Class A Common Stock (1,130,000 underlying)
Footnotes (4)
- [F1]Each share of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock automatically converted into shares of Common Stock on a 1:1 basis prior to being reclassified into shares of Series B Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F2]The reported securities are owned directly by InterWest Partners X, L.P. ("IW X"). The general partner of IW X is InterWest Management Partners X, LLC ("IMP X") and may be deemed to beneficially own the shares held by IW X. Gilbert H. Kliman is the managing director of IMP X and Keval Desai and Khaled A. Nasr are venture members of IMP X. The managing director and venture members of IMP X share voting and investment control with respect to the securities held by IW X. Each of IMP X, Mr. Kliman, Mr. Desai and Mr. Nasr disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
- [F3]Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F4]Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001276600
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 5:00 PM ET
- Size
- 30.1 KB