Form 4 for BZAI Blaize Holdings, Inc.
Accepted 2025-01-15 00:00:00 ET · period of report 2025-01-13 · accession 0000950170-25-006000 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-01-15 | 2025-01-13 | BZAI | Cannestra Anthony | Dir | A - Grant | — | +91.3K | 91.3K | New | — |
| DM | 2025-01-15 | 2025-01-13 | BZAI | Cannestra Anthony | Dir | A - Grant | — | +718.2K | 212.2K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-13 | A | A | 91,327 | — | 91,327 | D | — | — | (F1) Represents Earn-Out Shares, each of which represents a contingent right to receive one share of Common Stock if the trading price of the Issuer's Common Stock exceeds certain thresholds for 20 of 30 consecutive trading days post-closing of the Issuer's business combination. |
| 2 | Derivative | Stock Option | 2025-01-13 | A | A | 146,237 | — | 146,237 | D | $1.18 · — to 2034-10-23 | 146,237 Common Stock | (F2) Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement. (F4) The stock option vests as to one third of the underlying shares on December 1, 2025, and thereafter in 24 equal monthly installments |
| 3 | Derivative | Stock Option | 2025-01-13 | A | A | 350,970 | — | 350,970 | D | $1.18 · — to 2034-10-23 | 350,970 Common Stock | (F2) Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement. (F3) The stock option is fully vested and exercisable. |
| 4 | Derivative | Stock Option | 2025-01-13 | A | A | 8,824 | — | 8,824 | D | $14.62 · — to 2028-12-13 | 8,824 Common Stock | (F2) Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement. (F3) The stock option is fully vested and exercisable. |
| 5 | Derivative | Stock Option | 2025-01-13 | A | A | 212,169 | — | 212,169 | D | $0.57 · — to 2033-09-18 | 212,169 Common Stock | (F2) Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement. (F3) The stock option is fully vested and exercisable. |