4//SEC Filing
Patchel Francis P 4
Accession 0001462056-23-000210
CIK 0001462056other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 6:51 PM ET
Size
9.4 KB
Accession
0001462056-23-000210
Insider Transaction Report
Form 4
Backblaze, Inc.BLZE
Patchel Francis P
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2023-11-24$6.40/sh−2,553$16,339→ 183,136 total - Sale
Class A Common Stock
2023-11-21$6.48/sh−1,964$12,727→ 187,719 total - Sale
Class A Common Stock
2023-11-22$6.40/sh−2,030$12,992→ 185,689 total
Footnotes (5)
- [F1]The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans 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.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.385 to $6.72, 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]Includes 1,386 shares of Class of A Common Stock previously acquired under the Issuer's Employee Stock Purchase Plan on November 19, 2023.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.23 to $6.62, 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 $6.30 to $6.51, 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 0001858921
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 6:51 PM ET
- Size
- 9.4 KB