Form 4 for BLZE Backblaze, Inc.
Accepted 2023-06-01 00:00:00 ET · period of report 2023-05-25 · accession 0001462056-23-000150 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-01 | 2023-05-30+ | BLZE | Budman Gleb | CEO, COB, Dir, 10% | S - Sale | $4.14 | -26.0K | 129.1K | -17% | -$107.8K |
| D | 2023-06-01 | 2023-05-25 | BLZE | Budman Gleb | CEO, COB, Dir, 10% | C - Cnv Deriv | — | +92.0K | 155.1K | +146% | — |
| D | 2023-06-01 | 2023-05-25 | BLZE | Budman Gleb | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | -92.0K | 2.25M | -4% | $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 | 2023-05-30 | S | D | 13,000 | $4.21 | 142,128 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2023-05-31 | S | D | 13,000 | $4.08 | 129,128 | D | — | — | (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. |
| 3 | Common | Class A Common Stock | 2023-05-25 | C | A | 92,000 | — | 155,128 | D | — | — | (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. |
| 4 | Derivative | Class B Common Stock | 2023-05-25 | C | D | 92,000 | $0.00 | 2,250,510 | D | — · — to — | 92,000 Class A Common Stock | (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. |