Budman Gleb's Form 4 filing
Backblaze, Inc. (BLZE) · filed Jun 1, 2023
- Accession no.
- 0001462056-23-000150
- Filed
- Jun 1, 2023
- Trade date
- May 25-31, 2023
- Filing delay
- 7 daysLate
- Rule 10b5-1 plan
- Checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $107.8K. It was filed 7 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Budman GlebCIK 0001857850 | Director, Officer (CEO and Chairperson), 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 |
|---|---|---|---|---|---|---|---|---|
| May 25, 2023 | Class A Common Stock | CConversionAcquired | +92,000 | –F1 | – | 155,128 | Direct | |
| May 30, 2023 | Class A Common Stock | SSaleDisposed | −13,000 | $4.21F3 | −$54,730 | 142,128 | Direct | |
| May 31, 2023 | Class A Common Stock | SSaleDisposed | −13,000 | $4.08F4 | −$53,040 | 129,128 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| May 25, 2023 | Class A Common Stock | CConversionDisposed | −92,000 | $0.00 | $0 | 2,250,510 | Direct |
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 Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the Reporting Person and has no expiration date.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.17 to $4.27, 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.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.97 to $4.24, 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.
Referenced by the price of 1 transaction in Table I.