Cessna Tina 4
4 · Backblaze, Inc. · Filed Mar 27, 2024
Insider Transaction Report
Form 4
Backblaze, Inc.BLZE
Cessna Tina
Senior VP, Engineering
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2024-03-26−20,000→ 8,760 totalExercise: $3.73Exp: 2030-12-09→ Class A Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-03-27−2,610→ 6,150 totalExercise: $3.73Exp: 2030-12-09→ Class A Common Stock (2,610 underlying) - Sale
Class A Common Stock
2024-03-27$10.00/sh−2,610$26,100→ 121,083 total - Exercise/Conversion
Stock Option (right to buy)
2024-03-25−16,000→ 0 totalExercise: $2.61Exp: 2029-10-27→ Class A Common Stock (16,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-03-25−4,000→ 28,760 totalExercise: $3.73Exp: 2030-12-09→ Class A Common Stock (4,000 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-25$2.61/sh+16,000$41,760→ 137,083 total - Sale
Class A Common Stock
2024-03-25$10.03/sh−20,000$200,600→ 121,083 total - Exercise/Conversion
Class A Common Stock
2024-03-26$3.73/sh+20,000$74,600→ 141,083 total - Sale
Class A Common Stock
2024-03-26$9.95/sh−20,000$199,000→ 121,083 total - Exercise/Conversion
Class A Common Stock
2024-03-27$3.73/sh+2,610$9,735→ 123,693 total - Exercise/Conversion
Class A Common Stock
2024-03-25$3.73/sh+4,000$14,920→ 141,083 total
Footnotes (6)
- [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 $9.89 to $10.26, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.86 to $10.15, 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.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.80 to $10.14, 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 options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 10, 2020 and 1/48th of the options best monthly thereafter, subject to the Reporting Person's continuous service with the Issuer.
- [F6]The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on December 10, 2020 and 1/48th of the options best monthly thereafter, subject to the Reporting Person's continuous service with the Issuer.