4//SEC Filing
Levy Tara Walpert 4
Accession 0001676238-25-000095
CIK 0001676238other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 4:35 PM ET
Size
15.3 KB
Accession
0001676238-25-000095
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Levy Tara Walpert
Director
Transactions
- Award
Class A Common Stock
2025-06-26+5,033→ 94,240 total - Exercise/Conversion
Stock Option (Right to Buy)
2025-06-25−73,938→ 0 totalExercise: $4.88Exp: 2030-02-03→ Class B Common Stock (73,938 underlying) - Conversion
Class A Common Stock
2025-06-25+73,938→ 89,207 total - Exercise/Conversion
Class B Common Stock
2025-06-25$4.88/sh+73,938$360,817→ 73,938 total→ Class A Common Stock (73,938 underlying) - Conversion
Class B Common Stock
2025-06-25−73,938→ 0 total→ Class A Common Stock (73,938 underlying)
Holdings
- 62,562(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (62,562 underlying)
Footnotes (4)
- [F1]The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of (i) June 26, 2026, or (ii) the date immediately preceding the date of the Issuer's 2026 annual meeting of stockholders, in each case subject to the Reporting Person's continuous service on such vesting date.
- [F2]This award is fully vested.
- [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.
- [F4]The securities are held by a family trust, of which the reporting person's spouse is the trustee. 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 her proportionate pecuniary interest therein.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001583097
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 4:35 PM ET
- Size
- 15.3 KB