4//SEC Filing
Kleeger Myles 4
Accession 0001676238-24-000220
CIK 0001676238other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:59 PM ET
Size
20.3 KB
Accession
0001676238-24-000220
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Kleeger Myles
Pres & CCO
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2024-12-18−37,900→ 41,449 totalExercise: $1.64Exp: 2028-02-14→ Class B Common Stock (37,900 underlying) - Conversion
Class A Common Stock
2024-12-18+37,900→ 222,296 total - Exercise/Conversion
Class B Common Stock
2024-12-18$1.64/sh+37,900$62,156→ 961,727 total→ Class A Common Stock (37,900 underlying) - Sale
Class A Common Stock
2024-12-18$45.11/sh−37,900$1,709,669→ 184,396 total - Conversion
Class B Common Stock
2024-12-18−37,900→ 923,827 total→ Class A Common Stock (37,900 underlying)
Holdings
- 111,111(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (111,111 underlying) - 73,441(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (73,441 underlying) - 111,111(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (111,111 underlying) - 19,784(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (19,784 underlying)
Footnotes (7)
- [F1]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.
- [F2]Of the reported shares, 177,849 shares are represented by restricted stock units.
- [F3]Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on December 29, 2023.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.52 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]This award is fully vested.
- [F6]The securities are held by a family trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
- [F7]The securities are held by a family GRAT. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001889751
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 5:59 PM ET
- Size
- 20.3 KB