Fleischer Russell L's Form 4 filing
Braze, Inc. (BRZE) · filed Nov 23, 2021
- Accession no.
- 0001209191-21-066502
- Filed
- Nov 23, 2021, 4:56 PM ET
- Trade date
- Nov 19, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 11 non-derivative transactions and 23 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 |
|---|---|
| Fleischer Russell LCIK 0001108424 | 10% Owner |
| Tobin Scott RCIK 0001199926 | 10% Owner |
| Lee Roger HCIK 0001404868 | 10% Owner |
| Feldman JesseCIK 0001568322 | 10% Owner |
| Stoner Chelsea R.CIK 0001741527 | 10% Owner |
| Battery Ventures Select Fund I, L.P.CIK 0001844915 | 10% Owner |
| Battery Investment Partners Select Fund I, L.P.CIK 0001845092 | 10% Owner |
| Battery Partners Select Fund I GP, LLCCIK 0001869352 | 10% Owner |
| Battery Partners Select Fund I, L.P.CIK 0001869424 | 10% Owner |
| Thakker DharmeshCIK 0001869544 | 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 | +7,847,306 | –F1 | – | 7,847,306 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +7,569,790 | –F1 | – | 7,569,790 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +221,708 | –F1 | – | 221,708 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionAcquired | +2,241,717 | –F1 | – | 2,241,717 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −7,847,306 | –F9 | – | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −7,569,790 | –F9 | – | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −221,708 | –F9 | – | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | JOtherDisposed | −2,241,717 | –F9 | – | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | CConversionAcquired | +1,100,000 | –F10 | – | 1,100,000 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | PPurchaseAcquired | +29,250 | $65.00 | +$1,901,250 | 29,250 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | PPurchaseAcquired | +295,750 | $65.00 | +$19,223,750 | 1,395,750 | 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 | −38,767 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −37,396 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −159,150 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −1,609,187 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −275,116 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −265,387 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −51,586 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −521,585 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −324,063 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −312,603 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −5,351,696 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −5,162,432 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −781,624 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −753,984 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −1,076,040 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −1,037,988 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −10,972 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Common Stock | CConversionDisposed | −110,945 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +7,847,306 | $0.00 | $0 | 7,847,306 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +7,569,790 | $0.00 | $0 | 7,569,790 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +221,708 | $0.00 | $0 | 221,708 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | JOtherAcquired | +2,241,717 | $0.00 | $0 | 2,241,717 | Indirect | Duplicate filing |
| Nov 19, 2021 | Class A Common Stock | CConversionDisposed | −1,100,000 | $0.00 | $0 | 1,141,717 | Indirect | Duplicate filing |
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
Each share of Series A-1 Preferred Stock-NV, Series A Preferred Stock, Series A Preferred Stock-NV, Series B Preferred Stock, Series B Preferred Stock-NV, Series C Preferred Stock, Series D Preferred Stock and Series E 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.
Referenced by the price of 4 transactions in Table I.
- F9
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.
Referenced by the price of 4 transactions in Table I.
- F10
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.
Referenced by the price of 1 transaction in Table I.
Remarks
2 of 3: The number of joint filers exceeds the EDGAR maximum of 10 joint filers per Form. This Form 4 is being filed in conjunction with Form 4s being filed by Battery Partners XI, LLC and other filing persons and by Michael M. Brown and other filing persons.