4//SEC Filing
Magnuson William 4
Accession 0001676238-23-000055
CIK 0001676238other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:20 PM ET
Size
9.5 KB
Accession
0001676238-23-000055
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Magnuson William
DirectorChief Executive Officer
Transactions
- Conversion
Class B Common Stock
2023-05-15−2,279→ 3,274,864 total→ Class A Common Stock (2,279 underlying) - Sale
Class A Common Stock
2023-05-15$29.65/sh−11,301$335,075→ 487,782 total - Conversion
Class A Common Stock
2023-05-15+2,279→ 490,061 total
Footnotes (3)
- [F1]This transaction was effected in accordance with a non-discretionary sell-to-cover program implemented by the Issuer to satisfy tax withholding or other payment obligations arising in connection with the vesting of the Reporting Person's restricted stock units ("RSUs").
- [F2]Of the reported shares, 307,577 shares are represented by RSUs.
- [F3]Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001888932
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:20 PM ET
- Size
- 9.5 KB