Filing Details

Accession Number:
0001462056-24-000059
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-29 17:12:53
Reporting Period:
2024-11-26
Accepted Time:
2024-11-29 17:12:53
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
1857850 Gleb Budman 201 Baldwin Ave.
San Mateo CA 94401
Ceo And Chairperson Yes 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 Disposition 2024-11-26 10,321 $6.42 1,864,646 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans 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.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.19 to $6.64, 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.