Braze, Inc. — Director's Dealing 2025

Mar 13, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Braze, Inc. (BRZE)
CIK: 0001676238
Period of Report: 2025-03-10

Reporting Person: Hyman Jonathan (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-10	Class A Common Stock	A	65411	—	Acquired	223221	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-10	Stock Option (Right to Buy)	$3.46	M	1320	Disposed	2029-03-11	Class B Common Stock (1320)	Direct
2025-03-10	Class B Common Stock	$	M	1320	Acquired		Class A Common Stock (1320)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (53564)	53564	Indirect
Class B Common Stock	$		Class A Common Stock (28564)	28564	Indirect

Footnotes

F1: These shares represent a restricted stock unit ("RSU") award, which shall vest in 16 equal quarterly installments with the first vesting date being May 15, 2025. The vesting of the RSUs are subject to the Reporting Person's continuous service through such vesting date.

F2: Of the reported shares, 178,146 shares are represented by restricted stock units.

F3: This award is fully vested.

F4: Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.

F5: The securities are held by a family trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.