4//SEC Filing
FERNANDEZ PHILLIP M 4
Accession 0001676238-25-000056
CIK 0001676238other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 4:20 PM ET
Size
13.5 KB
Accession
0001676238-25-000056
Insider Transaction Report
Form 4
Braze, Inc.BRZE
FERNANDEZ PHILLIP M
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2025-03-28$3.83/sh+1,500$5,745→ 1,500 total→ Class A Common Stock (1,500 underlying) - Conversion
Class B Common Stock
2025-03-28−1,500→ 0 total→ Class A Common Stock (1,500 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2025-03-28−1,500→ 145,692 totalExercise: $3.83Exp: 2029-07-30→ Class B Common Stock (1,500 underlying) - Conversion
Class A Common Stock
2025-03-28+1,500→ 16,769 total - Sale
Class A Common Stock
2025-03-28$41.46/sh−1,500$62,190→ 15,269 total
Footnotes (4)
- [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, 4,213 shares are represented by restricted stock units.
- [F3]Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2024.
- [F4]This award is fully vested.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001200465
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 4:20 PM ET
- Size
- 13.5 KB