Form 4 for BRZE Braze, Inc.
Accepted 2022-04-21 00:00:00 ET · period of report 2022-04-19 · accession 0001209191-22-025255 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-04-21 | 2022-04-19 | BRZE | Meritech Capital Partners VI L.P. | 10% | J - Other | $0.00 | -474.5K | 2.75M | -15% | $0 |
| M | 2022-04-21 | 2022-04-19 | BRZE | Meritech Capital Partners VI L.P. | 10% | J - Other | $0.00 | +9,743 | 7,304 | New | $0 |
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 | Class A Common Stock | 2022-04-19 | J | A | 35,950 | $0.00 | 35,950 | I Robert D. Ward and Lee Landry Ward Trustees u/a/d 2/11/2000 | — | — | (F13) Shares are held by a family trust for which Ward is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ward, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 2 | Common | Class A Common Stock | 2022-04-19 | J | A | 35,914 | $0.00 | 35,914 | I Bischof / O'Rourke Revocable Trust Dated 5/3/2007 | — | — | (F15) Shares are held by a family trust for which Bischof is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Bischof, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 3 | Common | Class A Common Stock | 2022-04-19 | J | A | 9,202 | $0.00 | 9,202 | I Madera Family LP | — | — | (F11) Shares are held by a family limited partnership for which Madera is the general partner. Each of the Reporting Persons disclaims the existence of a "group" and, other than Madera, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 4 | Common | Class A Common Stock | 2022-04-19 | J | A | 27,606 | $0.00 | 27,606 | I The Madera Trust Dated 12/2/2002 | — | — | (F9) Shares are held by a family trust for which Madera is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Madera, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 5 | Common | Class A Common Stock | 2022-04-19 | J | A | 1,802 | $0.00 | 1,802 | D | — | — | (F24) Shares held by Kurland. |
| 6 | Common | Class A Common Stock | 2022-04-19 | J | A | 637 | $0.00 | 1,798 | D | — | — | (F21) Includes 1,161 shares received by Clayton prior to the date hereof pursuant to a pro rata distribution by an entity in which Clayton holds an assignee interest, for no consideration, of shares of the Issuer's Class A Common Stock to its members. The aforementioned distribution was made in accordance with the exemption afforded by Rule 16a-9 of the Securities Exchange Act of 1934, as amended. (F22) Shares held by Clayton. |
| 7 | Common | Class A Common Stock | 2022-04-19 | J | A | 7,304 | $0.00 | 7,304 | D | — | — | (F19) Shares held by Motschwiller. |
| 8 | Common | Class A Common Stock | 2022-04-19 | J | A | 35,022 | $0.00 | 35,022 | I The Shin-Sherman Family Trust Dated 7/23/2009 | — | — | (F17) Shares are held by a family trust for which Sherman is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Sherman, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 9 | Common | Class A Common Stock | 2022-04-19 | J | D | 17,495 | $0.00 | 99,137 | I See footnotes | — | — | (F3) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. (F7) Shares are held by MCA V. GP V, the general partner of MCA V, has sole voting and dispositive power with respect to the shares held by MCA V. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCA V. |
| 10 | Common | Class A Common Stock | 2022-04-19 | J | D | 115,549 | $0.00 | 654,777 | I See footnotes | — | — | (F5) Shares are held by MCP V Sidecar. GP V, the general partner of MCP V Sidecar, has sole voting and dispositive power with respect to the shares held by MCP V. Madera, Bischof, Sherman, Ward, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCP V Sidecar. (F3) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. |
| 11 | Common | Class A Common Stock | 2022-04-19 | J | D | 485,134 | $0.00 | 2,749,094 | I See footnotes | — | — | (F3) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. (F2) Shares are held by MCP V. Meritech Capital Associates V L.L.C. ("GP V"), the general partner of MCP V, has sole voting and dispositive power with respect to the shares held by MCP V. Paul Madera ("Madera"), George Bischof ("Bischof"), Craig Sherman ("Sherman"), Rob Ward ("Ward"), Max Motschwiller ("Motschwiller"), Alexander Kurland ("Kurland") and Alex Clayton ("Clayton") are the managing members of GP V or otherwise share the voting and dispositive power with respect to the shares held by MCP V. |