Filing Details
- Accession Number:
- 0001209191-21-066518
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-23 17:00:54
- Reporting Period:
- 2021-11-19
- Accepted Time:
- 2021-11-23 17:00:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1676238 | Braze Inc. | BRZE | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1276600 | Khaled Nasr | C/O Interwest Partners 467 First Street, Suite 201 Los Altos CA 94022 | No | No | Yes | No | |
| 1293171 | H Gilbert Kliman | C/O Interwest Partners 467 First Street, Suite 201 Los Altos CA 94022 | No | No | Yes | No | |
| 1443898 | Interwest Partners X Lp | 467 First Street, Suite 201 Los Altos CA 94022 | No | No | Yes | No | |
| 1460207 | Interwest Management Partners X, Llc | 467 First Street, Suite 201 Los Altos CA 94022 | No | No | Yes | No | |
| 1553019 | Keval Desai | C/O Interwest Partners 467 First Street, Suite 201 Los Altos CA 94022 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-11-19 | 4,524,219 | $0.00 | 4,524,219 | No | 4 | C | Indirect | By InterWest Partners X, L.P. |
| Common Stock | Disposition | 2021-11-19 | 4,524,219 | $0.00 | 0 | No | 4 | J | Indirect | By InterWest Partners X, L.P. |
| Class A Common Stock | Acquisiton | 2021-11-19 | 1,130,000 | $0.00 | 1,130,000 | No | 4 | C | Indirect | By InterWest Partners X, L.P. |
| Class A Common Stock | Disposition | 2021-11-19 | 1,130,000 | $61.42 | 0 | No | 4 | S | Indirect | By InterWest Partners X, L.P. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By InterWest Partners X, L.P. |
| No | 4 | J | Indirect | By InterWest Partners X, L.P. |
| No | 4 | C | Indirect | By InterWest Partners X, L.P. |
| No | 4 | S | Indirect | By InterWest Partners X, L.P. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series B Preferred Stock | Disposition | 2021-11-19 | 2,824,395 | $0.00 | 2,824,395 | $0.00 |
| Common Stock | Series C Preferred Stock | Disposition | 2021-11-19 | 1,603,848 | $0.00 | 1,603,848 | $0.00 |
| Common Stock | Series D Preferred Stock | Disposition | 2021-11-19 | 95,976 | $0.00 | 95,976 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-11-19 | 4,524,219 | $0.00 | 4,524,219 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-11-19 | 1,130,000 | $0.00 | 1,130,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 4,524,219 | No | 4 | J | Indirect | ||
| 3,394,219 | No | 4 | C | Indirect |
Footnotes
- Each share of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock automatically converted into shares of Common Stock on a 1:1 basis prior to being reclassified into shares of Series B Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering.
- The reported securities are owned directly by InterWest Partners X, L.P. ("IW X"). The general partner of IW X is InterWest Management Partners X, LLC ("IMP X") and may be deemed to beneficially own the shares held by IW X. Gilbert H. Kliman is the managing director of IMP X and Keval Desai and Khaled A. Nasr are venture members of IMP X. The managing director and venture members of IMP X share voting and investment control with respect to the securities held by IW X. Each of IMP X, Mr. Kliman, Mr. Desai and Mr. Nasr disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
- Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- 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.
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