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Braze, Inc. Director's Dealing 2022

Mar 11, 2022

31240_dirs_2022-03-11_ea45eb6a-5be8-4c19-b05c-eabf8dd83797.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Braze, Inc. (BRZE)
CIK: 0001676238
Period of Report: 2022-01-02

Reporting Person: Meritech Capital Associates VI L.L.C. (10% Owner)
Reporting Person: Bischof George (10% Owner)
Reporting Person: Clayton Alexander (10% Owner)
Reporting Person: Kurland Alexander (10% Owner)
Reporting Person: MADERA PAUL S (10% Owner)
Reporting Person: Motschwiller Max (10% Owner)
Reporting Person: Sherman Craig (10% Owner)
Reporting Person: Ward Rob (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-02 Class A Common Stock C 3234228 $0.00 Acquired 3234228 Indirect
2022-01-02 Class A Common Stock C 116632 $0.00 Acquired 116632 Indirect
2022-01-02 Class A Common Stock C 770326 $0.00 Acquired 770326 Indirect
2022-01-02 Class A Common Stock C 592802 $0.00 Acquired 592802 Indirect
2022-01-02 Class A Common Stock C 15848 $0.00 Acquired 15848 Indirect
2022-01-02 Class A Common Stock C 8017 $0.00 Acquired 8017 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-01-02 Class B Common Stock $ C 3234228 Acquired Class A Common Stock (3234228) Indirect
2022-01-02 Class B Common Stock $ C 116632 Acquired Class A Common Stock (116632) Indirect
2022-01-02 Class B Common Stock $ C 770326 Acquired Class A Common Stock (770326) Indirect
2022-01-02 Class B Common Stock $ C 592802 Acquired Class A Common Stock (592802) Indirect
2022-01-02 Class B Common Stock $ C 15848 Acquired Class A Common Stock (15848) Indirect
2022-01-02 Class B Common Stock $ C 8017 Acquired Class A Common Stock (8017) Indirect

Footnotes

F1: Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. Additionally, each share of Class B Common Stock will, subject to certain conditions and exceptions, convert automatically into one share of Class A Common Stock upon any transfer.

F2: Shares are held by Meritech Capital Partners V L.P. ("MCP V"). Meritech Capital Associates V L.L.C. ("GP V"), the general partner of MCP V, has sole voting and dispositive power with respect to the shares held by MCP V. Paul S. Madera ("Madera"), Robert D. Ward ("Ward"), George H. Bischof ("Bischof") and Craig Sherman ("Sherman"), Max Motschwiller ("Motschwiller"), Alexander Kurland ("Kurland") and Alex Clayton ("Clayton") are the managing members of GP V or otherwise share voting and dispositive power with respect to the shares held by MCP V. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCP V (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.

F3: Shares are held by Meritech Capital Affiliates V L.P. ("MCA V"). GP V, the general partner of MCA V, has sole voting and dispositive power with respect to the shares held by MCA V. Madera, Ward, Bischof, Sherman, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share voting and dispositive power with respect to the shares held by MCA V. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCA V (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.

F4: Shares are held by Meritech Capital Partners V Sidecar L.P. ("MCS V"). GP V, the general partner of MCS V, has sole voting and dispositive power with respect to the shares held by MCS V. Madera, Ward, Bischof, Sherman, Motschwiller, Kurland and Clayton are the managing members of GP V or otherwise share voting and dispositive power with respect to the shares held by MCS V. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCS V (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.

F5: Shares are held by Meritech Capital Partners VI L.P. ("MCP VI"). Meritech Capital Associates VI L.L.C. ("GP VI"), the general partner of MCP VI, has sole voting and dispositive power with respect to the shares held by MCP VI. Madera, Ward, Bischof, Sherman, Motschwiller, Kurland and Clayton, the managing members of GP VI, share voting and dispositive power with respect to the shares held by MCP VI. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCP VI (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.

F6: Shares are held by Meritech Capital Affiliates VI L.P. ("MCA VI"). GP VI, the general partner of MCA VI, has sole voting and dispositive power with respect to the shares held by MCA VI. Madera, Ward, Bischof, Sherman, Motschwiller, Kurland and Clayton, the managing members of GP VI, share voting and dispositive power with respect to the shares held by MCA VI. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCA VI (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.

F7: Shares are held by Meritech Capital Entrepreneurs VI L.P. ("MCE VI"). GP VI, the general partner of MCE VI, has sole voting and dispositive power with respect to the shares held by MCE VI. Madera, Ward, Bischof, Sherman, Motschwiller, Kurland and Clayton, the managing members of GP VI, share voting and dispositive power with respect to the shares held by MCE VI. Such persons and entities disclaim the existence of a "group" and disclaim beneficial ownership of the securities held by MCE VI (and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities) except to the extent of any pecuniary interest therein.