Filing Details

Accession Number:
0001676238-24-000214
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-18 19:02:35
Reporting Period:
2024-12-16
Accepted Time:
2024-12-18 19:02:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1676238 Braze Inc. BRZE Services-Prepackaged Software (7372) 452505271
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1889751 Myles Kleeger C/O Braze, Inc., 63 Madison Building
28 E. 28Th St., Floor 12 Mailroom
New York NY 10016
Pres & Cco 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 2024-12-16 2,100 $0.00 186,496 No 4 C Direct
Class A Common Stock Disposition 2024-12-16 2,100 $45.00 184,396 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (Right to Buy) Disposition 2024-12-16 2,100 $0.00 2,100 $1.64
Class A Common Stock Class B Common Stock Acquisiton 2024-12-16 2,100 $1.64 2,100 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-12-16 2,100 $0.00 2,100 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
79,349 2028-02-14 No 4 M Direct
925,927 No 4 M Direct
923,827 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 111,111 111,111 Indirect
Class A Common Stock Class B Common Stock $0.00 111,111 111,111 Indirect
Class A Common Stock Class B Common Stock $0.00 19,784 19,784 Indirect
Class A Common Stock Class B Common Stock $0.00 73,441 73,441 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
111,111 111,111 Indirect
111,111 111,111 Indirect
19,784 19,784 Indirect
73,441 73,441 Indirect
Footnotes
  1. 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.
  2. Of the reported shares, 177,849 shares are represented by restricted stock units.
  3. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on December 29, 2023.
  4. This award is fully vested.
  5. The securities are held by a family trust. 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 his proportionate pecuniary interest therein.
  6. The securities are held by a family GRAT. 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 his proportionate pecuniary interest therein.