Gleb Budman - 05 Mar 2025 Form 4 Insider Report for Backblaze, Inc. (BLZE)

Role: CEO and Chairperson, Director
Signature: /s/ Thomas MacMitchell - Attorney-in-Fact
Issuer symbol: BLZE
Transactions as of: 05 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2025, 17:42:41 UTC
Previous filing: 03 Mar 2025
Next filing: 22 May 2025
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	Award	$0	+300,000	+16%	$0.000000	2,163,857	05 Mar 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A common stock for each RSU. The RSUs are subject to a service-based vesting requirement, which will vest on a quarterly basis over approximately 3 years with the first 1/12th tranche vesting on May 20, 2025, provided that the Reporting Person remains in continuous service through each such vesting date.

Content

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A common stock for each RSU. The RSUs are subject to a service-based vesting requirement, which will vest on a quarterly basis over approximately 3 years with the first 1/12th tranche vesting on May 20, 2025, provided that the Reporting Person remains in continuous service through each such vesting date.