Earl E. Fry - May 16, 2024 Form 4 Insider Report for Backblaze, Inc. (BLZE)

Role
Director
Signature
/s/ Thomas MacMitchell - Attorney-in-Fact
Stock symbol
BLZE
Transactions as of
May 16, 2024
Transactions value $
$0
Form type
4
Date filed
5/20/2024, 04:15 PM
Previous filing
May 17, 2024
Next filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLZE Class A Common Stock Award $0 +20.6K +38.74% $0.00 73.8K May 16, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Director Compensation Policy, the Reporting Person was automatically granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU, in connection with the Issuer's Annual Meeting of Stockholders. The RSUs are subject to a service-based vesting requirement, which shall be satisfied on the earlier of (A) the date of the Issuer's next Annual Meeting of Stockholders, or (B) the one-year anniversary of May 16, 2024, provided that the Reporting Person remains in continuous service through such vesting date.