Gleb Budman - 06 Jul 2023 Form 4 Insider Report for Backblaze, Inc. (BLZE)

Role: CEO and Chairperson, Director, 10%+ Owner
Signature: /s/ Thomas MacMitchell - Attorney-in-Fact
Issuer symbol: BLZE
Transactions as of: 06 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 10 Jul 2023, 18:13:53 UTC
Previous filing: 22 Jun 2023
Next filing: 14 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLZE	Class A Common Stock	Conversion of derivative security		+2,250,510	+2583%		2,337,638	06 Jul 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BLZE	Class B Common Stock	Conversion of derivative security	$0	-2,250,510	-100%	$0.000000^*	0	06 Jul 2023	Class A Common Stock	2,250,510		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All outstanding shares of Class B Common Stock automatically converted into shares of Class A Common Stock on July 6, 2023, the date specified by the affirmative vote by the requisite holders of Class B Common Stock at a special stockholders meeting on July 5, 2023.