Filing Details

Accession Number:
0001462056-24-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-21 20:00:46
Reporting Period:
2024-02-16
Accepted Time:
2024-02-21 20:00:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462056 Backblaze Inc. BLZE Services-Prepackaged Software (7372) 208893125
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1858921 P Francis Patchel 201 Baldwin Ave.
San Mateo CA 94401
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-02-16 5,936 $11.83 189,072 No 4 A Direct
Class A Common Stock Disposition 2024-02-20 753 $11.50 188,319 No 4 S Direct
Class A Common Stock Disposition 2024-02-21 1,758 $11.47 186,561 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a right to receive one share of Class A Common Stock for each RSU. The RSUs are fully vested.
  2. The shares were sold to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its bonus plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.01 to $11.79, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
  4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.27 to $11.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.