Form 4 for BLZE Backblaze, Inc.
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-23 · accession 0001462056-24-000026 · 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 | 2024-02-27 | 2024-02-23+ | BLZE | Cessna Tina | Senior VP, Engineering | M - OptEx | $2.55 | +57.6K | 130.6K | +79% | +$146.9K |
| DM | 2024-02-27 | 2024-02-23+ | BLZE | Cessna Tina | Senior VP, Engineering | S - Sale+OE | $9.94 | -57.6K | 121.1K | -32% | -$572.0K |
| DM | 2024-02-27 | 2024-02-23+ | BLZE | Cessna Tina | Senior VP, Engineering | M - OptEx | $0.00 | -57.6K | 0 | -100% | $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 | 2024-02-23 | M | A | 20,000 | $2.54 | 141,083 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-02-23 | S | D | 20,000 | $9.90 | 121,083 | D | — | — | (F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.755 to $10.30, 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 | 2024-02-26 | M | A | 20,000 | $2.54 | 141,083 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-02-27 | S | D | 9,560 | $10.20 | 121,083 | D | — | — | (F5) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.03 to $10.73, 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. |
| 5 | Common | Class A Common Stock | 2024-02-27 | M | A | 8,000 | $2.54 | 129,083 | D | — | — | |
| 6 | Common | Class A Common Stock | 2024-02-27 | S | D | 8,000 | $9.96 | 121,083 | D | — | — | (F4) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.56 to $10.08, 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. |
| 7 | Common | Class A Common Stock | 2024-02-27 | M | A | 9,560 | $2.61 | 130,643 | D | — | — | |
| 8 | Common | Class A Common Stock | 2024-02-26 | S | D | 20,000 | $9.84 | 121,083 | D | — | — | (F3) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.69 to $10.04, 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. |
| 9 | Derivative | Stock Option (right to buy) | 2024-02-26 | M | D | 20,000 | $0.00 | 8,000 | D | $2.54 · — to 2028-10-17 | 20,000 Class A Common Stock | (F6) The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 25, 2019 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer. |
| 10 | Derivative | Stock Option (right to buy) | 2024-02-23 | M | D | 20,000 | $0.00 | 28,000 | D | $2.54 · — to 2028-10-17 | 20,000 Class A Common Stock | (F6) The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 25, 2019 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer. |
| 11 | Derivative | Stock Option (right to buy) | 2024-02-27 | M | D | 9,560 | $0.00 | 16,000 | D | $2.61 · — to 2029-10-27 | 9,560 Class A Common Stock | (F7) The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 10, 2020 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer. |
| 12 | Derivative | Stock Option (right to buy) | 2024-02-27 | M | D | 8,000 | $0.00 | 0 | D | $2.54 · — to 2028-10-17 | 8,000 Class A Common Stock | (F6) The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 25, 2019 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer. |