Braze, Inc. — Director's Dealing 2024

Oct 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Braze, Inc. (BRZE)
CIK: 0001676238
Period of Report: 2024-10-02

Reporting Person: Battery Partners XI, LLC (N/A)
Reporting Person: Battery Partners XI Side Fund, LLC (10% Owner)
Reporting Person: Battery Investment Partners XI, LLC (10% Owner)
Reporting Person: Battery Ventures XI-A Side Fund, L.P. (10% Owner)
Reporting Person: Battery Ventures XI-A, L.P. (10% Owner)
Reporting Person: Battery Ventures XI-B Side Fund, L.P. (10% Owner)
Reporting Person: Battery Ventures XI-B, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-02	Class A Common Stock	J	27495	—	Disposed	31728	Indirect
2024-10-02	Class A Common Stock	J	593250	—	Disposed	684570	Indirect
2024-10-02	Class A Common Stock	J	156750	—	Disposed	180878	Indirect
2024-10-02	Class A Common Stock	J	616351	—	Disposed	711224	Indirect
2024-10-02	Class A Common Stock	J	133649	—	Disposed	154224	Indirect
2024-10-02	Class A Common Stock	J	131766	—	Acquired	131766	Direct
2024-10-02	Class A Common Stock	J	131766	—	Disposed	0	Direct
2024-10-02	Class A Common Stock	J	750000	—	Acquired	750000	Indirect
2024-10-02	Class A Common Stock	J	750000	—	Disposed	0	Indirect

Footnotes

F1: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Investment Partners XI, LLC ("BIP XI") to its members without additional consideration.

F2: Securities are held by BIP XI. Battery Partners XI, LLC ("BP XI") is the managing member of BIP XI and may be deemed to beneficially own the securities held by BIP XI. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F3: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-A, L.P. ("BV XI-A") to its general partner and limited partners without additional consideration.

F4: Securities are held by BV XI-A. BP XI is the general partner of BV XI-A and may be deemed to beneficially own the securities held by BV XI-A. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F5: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-B, L.P. ("BV XI-B") to its general partner and limited partners without additional consideration.

F6: Securities are held by BV XI-B. BP XI is the general partner of BV XI-B and may be deemed to beneficially own the securities held by BV XI-B. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F7: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF") to its general partner and limited partners without additional consideration.

F8: Securities are held by BV XI-A SF. Battery Partners XI Side Fund, LLC ("BP XI SF") is the general partner of BV XI-A SF and may be deemed to beneficially own the securities held by BV XI-A SF. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F9: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF") to its general partner and limited partners without additional consideration.

F10: Securities are held by BV XI-B SF. BP XI SF is the general partner of BV XI-B SF and may be deemed to beneficially own the securities held by BV XI-B SF. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F11: Represents receipt of securities in the distributions in kind described in footnotes (3) and (5).

F12: Securities are held by BP XI. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F13: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP XI to its members without consideration.

F14: Represents receipt of securities in the distributions in kind described in footnotes (7) and (9).

F15: Securities are held by BP XI SF. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

F16: Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP XI SF to its members without consideration.