Gleb Budman - Feb 21, 2024 Form 4 Insider Report for Backblaze, Inc. (BLZE)

Signature
/s/ Thomas MacMitchell - Attorney-in-Fact
Stock symbol
BLZE
Transactions as of
Feb 21, 2024
Transactions value $
-$1,598,777
Form type
4
Date filed
2/23/2024, 06:48 PM
Previous filing
Feb 21, 2024
Next filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLZE Class A Common Stock Sale -$571K -50K -2.78% $11.42 1.75M Feb 21, 2024 Direct F1, F2, F3
transaction BLZE Class A Common Stock Sale -$473K -44.6K -2.55% $10.59 1.7M Feb 22, 2024 Direct F1, F4
transaction BLZE Class A Common Stock Sale -$60.2K -5.37K -0.32% $11.20 1.7M Feb 22, 2024 Direct F1, F5
transaction BLZE Class A Common Stock Sale -$495K -50K -2.94% $9.90 1.65M Feb 23, 2024 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were effected pursuant to a limit order placed by the Reporting Person during an open window period.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.10 to $11.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 Reflects a transfer of 500,070 shares of the Class A common stock of Issuer pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities transferred therewith.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.32 to $10.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.59, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.75 to $10.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.