4//SEC Filing
Ng Kwok Hang 4
Accession 0001462056-23-000089
CIK 0001462056other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:37 PM ET
Size
13.0 KB
Accession
0001462056-23-000089
Insider Transaction Report
Form 4
Backblaze, Inc.BLZE
Ng Kwok Hang
10% Owner
Transactions
- Sale
Class A Common Stock
2023-02-22$5.73/sh−2,000$11,460→ 171,128 total - Sale
Class A Common Stock
2023-02-21$5.61/sh−1,483$8,320→ 175,128 total - Sale
Class A Common Stock
2023-02-17$5.87/sh−2,000$11,740→ 177,817 total - Sale
Class A Common Stock
2023-02-21$5.61/sh−2,000$11,220→ 173,128 total - Sale
Class A Common Stock
2023-02-17$5.85/sh−1,206$7,055→ 176,611 total
Footnotes (7)
- [F1]The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.70 to $6.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F3]The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units. These sales are mandated by the Issuer's election under its bonus plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.715 to $6.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F5]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.555 to $5.782, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F6]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.54 to $5.725, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F7]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.62 to $5.85, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Documents
Issuer
Backblaze, Inc.
CIK 0001462056
Entity typeother
Related Parties
1- filerCIK 0001882791
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:37 PM ET
- Size
- 13.0 KB