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Blaize Holdings, Inc. — Director's Dealing 2025
Jan 16, 2025
33098_dirs_2025-01-15_0bc0f84a-bb8c-444f-985d-03540b33e90f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Blaize Holdings, Inc. (BZAI)
CIK: 0001871638
Period of Report: 2025-01-13
Reporting Person: Munagala Dinakar (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-13 | Common Stock | A | 1924725 | — | Acquired | 1924725 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-13 | Stock Option | $14.62 | A | 176503 | Acquired | 2028-11-12 | Common Stock (176503) | Direct |
| 2025-01-13 | Stock Option | $1.29 | A | 114650 | Acquired | 2027-03-15 | Common Stock (114650) | Direct |
| 2025-01-13 | Stock Option | $0.57 | A | 4150347 | Acquired | 2033-09-18 | Common Stock (4150347) | Direct |
| 2025-01-13 | Stock Option | $1.18 | A | 5755192 | Acquired | 2034-10-23 | Common Stock (5755192) | Direct |
Footnotes
F1: 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. Includes 1,371,303 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.
F2: Represents securities received as part of the Merger Agreement, 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.
F4: The stock option vests in 36 substantially equal monthly installments beginning on October 19, 2023.
F5: The stock option vests as to one third of the underlying shares on July 1, 2025 and thereafter in 24 equal monthly installments.