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Braze, Inc. Director's Dealing 2021

Nov 17, 2021

31240_dirs_2021-11-16_23cfa289-3ae7-48eb-b114-06f17260b447.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Braze, Inc. (BRZE)
CIK: 0001676238
Period of Report: 2021-11-16

Reporting Person: MCG7 Capital Inc. (10% Owner)
Reporting Person: Binder Clip Holdings LLC (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8000000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A-1 Preferred Stock $ Common Stock (141912) Indirect
Series A Preferred Stock $ Common Stock (492496) Indirect

Footnotes

F1: Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering.

F2: The shares held by Binder Clip Holdings LLC ("Binder"), the indirect wholly-owned subsidiary of MCG7 Capital Inc. ("MCG7"), may be deemed to be beneficially owned by MCG7. Voting and dispositive power with respect to the shares held by Binder is exercised by the board of managers of Binder. The board of directors of MCG7 and the board of managers of Binder are composed of the same three individuals, Laurent Attar, Zev Zlotnick and Jacob Horowitz. Decisions of MCG7 are made by a vote of a majority of directors, and as a result, no single person has voting or dispositive authority over such securities. Each director of MCG7 and each manager of Binder disclaims beneficial ownership of such securities.

F3: Each share of Series A-1 Preferred Stock and Series A Preferred Stock will automatically convert into shares of Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and have no expiration date.