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Braze, Inc. — Director's Dealing 2021
Nov 17, 2021
31240_dirs_2021-11-16_e5709fa0-86c6-44ec-a8ff-7b7f39c20684.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: Magnuson William (Director, Chief Executive Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3294244 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.46 | 2029-03-11 | Common Stock (753460) | Direct | |
| Stock Option (Right to Buy) | $35.01 | 2031-04-19 | Common Stock (450000) | Direct | |
| Stock Option (Right to Buy) | $35.01 | 2031-04-19 | Common Stock (750000) | Direct |
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 original option award was for 898,460 shares. One forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on a monthly basis on the first day of each month commencing on March 1, 2019, subject to the Reporting Person's continuous service through such vesting date.
F3: One fourth (1/4th) of the shares subject to the option award shall vest on February 1, 2022, and one thirty-sixth (1/36th) of the remaining shares subject to the option award shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service through such vesting date.
F4: One fourth (1/4th) of the shares subject to the option award shall vest on February 1, 2023, and one thirty-sixth (1/36th) of the remaining shares subject to the option award shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service through such vesting date.