ICONIQ Strategic Partners III, L.P.'s Form 4 filing
Braze, Inc. (BRZE) · filed Nov 23, 2021
- Accession no.
- 0000899243-21-045841
- Filed
- Nov 23, 2021, 6:01 PM ET
- Trade date
- Nov 19, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 10 non-derivative transactions and 24 derivative transactions. Open-market purchases total $21.1M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| ICONIQ Strategic Partners III, L.P.CIK 0001678064 | 10% Owner |
| ICONIQ Strategic Partners III-B, L.P.CIK 0001678109 | 10% Owner |
| Griffith William J.G.CIK 0001688124 | 10% Owner |
| Makan DiveshCIK 0001688143 | 10% Owner |
| ICONIQ Strategic Partners III GP, L.P.CIK 0001766963 | 10% Owner |
| ICONIQ Strategic Partners III TT GP, Ltd.CIK 0001788796 | 10% Owner |
| ICONIQ Strategic Partners V, L.P.CIK 0001816067 | 10% Owner |
| ICONIQ Strategic Partners V-B, L.P.CIK 0001816068 | 10% Owner |
| ICONIQ Strategic Partners V GP, L.P.CIK 0001825883 | 10% Owner |
| ICONIQ Strategic Partners V TT GP, Ltd.CIK 0001825921 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2021 | Common Stock | CConversionAcquired | +5,224,142 | –F1 | – | 5,517,290 | Direct | |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −5,517,290 | –F2 | – | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +5,582,061 | –F1 | – | 5,895,292 | Indirect | |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −5,895,292 | –F2 | – | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +924,889 | –F1 | – | 924,889 | Indirect | |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −924,889 | –F2 | – | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +1,424,796 | –F1 | – | 1,424,796 | Indirect | |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −1,424,796 | –F2 | – | 0 | Indirect | |
| Nov 19, 2021 | Class A Common Stock | PPurchaseAcquired | +144,576 | $65.00 | +$9,397,440 | 144,576 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | PPurchaseAcquired | +180,424 | $65.00 | +$11,727,560 | 180,424 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2021 | Common Stock | CConversionDisposed | −348,940 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −372,847 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −294,274 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −453,327 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −261,301 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −279,203 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −198,575 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −212,180 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −36,820 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −39,343 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −615,922 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −948,834 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −11,487 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −12,273 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −3,600,514 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −3,847,198 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −766,505 | $0.00 | $0 | 0 | Direct | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −819,017 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −14,693 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −22,635 | $0.00 | $0 | 0 | Indirect | |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +5,517,290 | $0.00 | $0 | 5,517,290 | Direct | |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +5,895,292 | $0.00 | $0 | 5,895,292 | Indirect | |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +924,889 | $0.00 | $0 | 924,889 | Indirect | |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +1,424,796 | $0.00 | $0 | 1,424,796 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Immediate prior to the closing of the Issuer's initial public offering, each share of Series A Preferred Stock, Series A Preferred Stock-NV, Series A-1 Preferred Stock, Series A-1 Preferred Stock-NV, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock (collectively, the "Preferred Stock") automatically converted on a one-for-one basis into common stock of the Issuer (the "Common Stock").
Referenced by the price of 4 transactions in Table I.
- F2
Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of Preferred Stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
Referenced by the price of 4 transactions in Table I.