4//SEC Filing
Cessna Tina 4
Accession 0001462056-24-000028
CIK 0001462056other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 7:33 PM ET
Size
23.1 KB
Accession
0001462056-24-000028
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.
Documents
Issuer
Backblaze, Inc.
CIK 0001462056
Entity typeother
Related Parties
1- filerCIK 0001978863
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 7:33 PM ET
- Size
- 23.1 KB