Form 4 for BRZE Braze, Inc.
Accepted 2025-04-14 00:00:00 ET · period of report 2024-04-09 · accession 0001415889-25-010638 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-04-14 | 2024-04-09 | BRZE | TOBIN SCOTT R | 10% | J - Other | — | -16.2K | 102.7K | -14% | — | |
| I | 2025-04-14 | 2024-04-09 | BRZE | TOBIN SCOTT R | 10% | J - Other | — | +16.2K | 147.0K | +12% | — |
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 | 2024-04-09 | J | D | 16,156 | — | 102,730 | D | — | — | (F1) Represents the contribution of shares from the Reporting Person to the Scott R. Tobin Irrevocable GST Trust of 2013 in exchange for cash and securities of equivalent value. (F2) The securities held by the Reporting Person prior to the transaction reported herein reflect pro rata distributions in kind for no additional consideration, effected by each of Battery Ventures XI-A, L.P. ("BV XI-A"), Battery Ventures XI-B, L.P. ("BV XI-B"), Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF") and Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF") to their respective general and limited partners, and the further pro rata distributions in kind, for no additional consideration, of the shares received in such distributions by their general partners, Battery Partners XI, LLC ("BP XI") and Battery Partners XI Side Fund, LLC ("BP XI SF"), to their respective members, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16. |
| 2 | Common | Class A Common Stock | 2024-04-09 | J | A | 16,156 | — | 147,037 | I By Trust | — | — | (F1) Represents the contribution of shares from the Reporting Person to the Scott R. Tobin Irrevocable GST Trust of 2013 in exchange for cash and securities of equivalent value. (F2) The securities held by the Reporting Person prior to the transaction reported herein reflect pro rata distributions in kind for no additional consideration, effected by each of Battery Ventures XI-A, L.P. ("BV XI-A"), Battery Ventures XI-B, L.P. ("BV XI-B"), Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF") and Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF") to their respective general and limited partners, and the further pro rata distributions in kind, for no additional consideration, of the shares received in such distributions by their general partners, Battery Partners XI, LLC ("BP XI") and Battery Partners XI Side Fund, LLC ("BP XI SF"), to their respective members, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16. (F3) The securities held by the Reporting Person prior to the transaction reported herein reflect pro rata distributions in kind, effected by Battery Investment Partners XI, LLC ("BIP XI") to its members for no additional consideration, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16. (F4) Securities are held by the Scott R. Tobin Irrevocable GST Trust of 2013, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein. |