Home/Filings/4/0001209191-22-025253

4//SEC Filing

MADERA PAUL S 4

Accession 0001209191-22-025253

CIK 0001676238other

View on SEC.gov Company Profile

Filed

Apr 20, 8:00 PM ET

Accepted

Apr 21, 9:03 PM ET

Size

50.7 KB

Accession

0001209191-22-025253

Insider Transaction Report

Form 4

Period: 2022-04-19

Braze, Inc.BRZE

Meritech Capital Associates V L.L.C.

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total

Holdings

Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
8,017

Clayton Alexander

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)

Holdings

Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
592,802

Bischof George

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)

Holdings

Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
592,802

Motschwiller Max

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total

Holdings

Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
8,017

Sherman Craig

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)

Holdings

Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
592,802

MADERA PAUL S

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)

Holdings

Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
15,848

Ward Rob

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)

Holdings

Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
8,017

Meritech Capital Partners V L.P.

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)

Holdings

Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
8,017

Meritech Capital Partners V Sidecar L.P.

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total

Holdings

Class A Common Stock
(indirect: See footnotes)
592,802
Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
15,848

Meritech Capital Affiliates V L.P.

10% Owner

Transactions

Other
Class A Common Stock
2022-04-19+27,606→ 27,606 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+637→ 1,798 total
Other
Class A Common Stock
2022-04-19−485,134→ 2,749,094 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19−115,549→ 654,777 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+9,202→ 9,202 total(indirect: Madera Family LP)
Other
Class A Common Stock
2022-04-19+35,950→ 35,950 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19−17,495→ 99,137 total(indirect: See footnotes)
Other
Class A Common Stock
2022-04-19+35,022→ 35,022 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+1,802→ 1,802 total
Other
Class A Common Stock
2022-04-19+35,914→ 35,914 total(indirect: By Trust)
Other
Class A Common Stock
2022-04-19+7,304→ 7,304 total

Holdings

Class A Common Stock
(indirect: See footnotes)
8,017
Class A Common Stock
(indirect: See footnotes)
15,848
Class A Common Stock
(indirect: See footnotes)
592,802

Footnotes (27)

[F1]On April 19, 2022, Meritech Capital Partners V L.P. ("MCP V") distributed, for no consideration, 485,134 shares of the Issuer's Class A Common Stock (the "MCP V Shares") to its limited partners and to Meritech Capital Associates V L.L.C. ("GP V"), the general partner of MCP V, representing each such partner's pro rata interest in such MCP V Shares. On the same date, GP V distributed, for no consideration, the MCP V Shares it received in the distribution by MCP V to its members, representing each such member's pro rata interest in such MCP V Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F10]Represents shares received by Madera Family LP pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F11]Shares are held by a family limited partnership for which Madera is the general partner. Each of the Reporting Persons disclaims the existence of a "group" and, other than Madera, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
[F12]Represents shares received by Robert D. Ward and Lee Landry Ward Trustees u/a/d 2/11/2000 pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F13]Shares are held by a family trust for which Ward is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ward, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
[F14]Represents shares received by Bischof / O'Rourke Revocable Trust Dated 5/3/2007 pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F15]Shares are held by a family trust for which Bischof is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Bischof, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
[F16]Represents shares received by The Shin-Sherman Family Trust Dated 7/23/2009 pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F17]Shares are held by a family trust for which Sherman is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Sherman, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
[F18]Represents shares received by Motschwiller pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F19]Shares held by Motschwiller.
[F2]Shares are held by MCP V. Meritech Capital Associates V L.L.C. ("GP V"), the general partner of MCP V, has sole voting and dispositive power with respect to the shares held by MCP V. Paul Madera ("Madera"), George Bischof ("Bischof"), Craig Sherman ("Sherman"), Rob Ward ("Ward"), Max Motschwiller ("Motschwiller"), Alexander Kurland ("Kurland") and Alex Clayton ("Clayton") are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCP V.
[F20]Represents shares received by Clayton pursuant to pro rata distributions by MCP V, MCP V Sidecar and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F21]Includes 1,161 shares received by Clayton prior to the date hereof pursuant to a pro rata distribution by an entity in which Clayton holds an assignee interest, for no consideration, of shares of the Issuer's Class A Common Stock to its members. The aforementioned distribution was made in accordance with the exemption afforded by Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
[F22]Shares held by Clayton.
[F23]Represents shares received by Kurland pursuant to pro rata distributions by MCP V, MCP V Sidecar and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F24]Shares held by Kurland.
[F25]Shares are held by Meritech Capital Partners VI L.P. ("MCP VI"). Meritech Capital Associates VI L.L.C. ("GP VI"), the general partner of MCP VI, has sole voting and dispositive power with respect to the shares held by MCP VI. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton, the managing members of GP VI, share the voting and dispositive power with respect to the shares held by MCP VI.
[F26]Shares are held by Meritech Capital Affiliates VI L.P. ("MCA VI"). GP VI, the general partner of MCA VI, has sole voting and dispositive power with respect to the shares held by MCA VI. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton, the managing members of GP VI, share the voting and dispositive power with respect to the shares held by MCA VI.
[F27]Shares are held by Meritech Capital Entrepreneurs VI L.P. ("MCE VI"). GP VI, the general partner of MCE VI, has sole voting and dispositive power with respect to the shares held by MCP VI. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton, the managing members of GP VI, share the voting and dispositive power with respect to the shares held by MCE VI.
[F3]Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
[F4]On April 19, 2022, Meritech Capital Partners V Sidecar L.P. ("MCP V Sidecar") distributed, for no consideration, 115,549 shares of the Issuer's Class A Common Stock (the "MCP V Sidecar Shares") to its limited partners and to GP V, the general partner of MCP V Sidecar, representing each such partner's pro rata interest in such MCP V Sidecar Shares. On the same date, GP V distributed, for no consideration, the MCP V Sidecar Shares it received in the distribution by MCP V Sidecar to its members, representing each such member's pro rata interest in such MCP V Sidecar Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F5]Shares are held by MCP V Sidecar. GP V, the general partner of MCP V Sidecar, has sole voting and dispositive power with respect to the shares held by MCP V. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCP V Sidecar.
[F6]On April 19, 2022, Meritech Capital Affiliates V L.P. ("MCA V") distributed, for no consideration, 17,495 shares of the Issuer's Class A Common Stock (the "MCA V Shares") to its limited partners and to GP V, the general partner of MCA V, representing each such partner's pro rata interest in such MCP A Shares. On the same date, GP V distributed, for no consideration, the MCA V Shares it received in the distribution by MCA V to its members, representing each such member's pro rata interest in such MCA V Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F7]Shares are held by MCA V. GP V, the general partner of MCA V, has sole voting and dispositive power with respect to the shares held by MCA V. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCA V.
[F8]Represents shares received by The Madera Trust Dated 12/2/2002 pursuant to pro rata distributions by MCP V, MCP V Sidecar, MCA V and GP V, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
[F9]Shares are held by a family trust for which Madera is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Madera, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Braze, Inc.

CIK 0001676238

→

Entity typeother

Related Parties

filerCIK 0001255151

Filing Metadata

Form type: 4
Filed: Apr 20, 8:00 PM ET
Accepted: Apr 21, 9:03 PM ET
Size: 50.7 KB

View on SEC.gov