Barbara H. Nelson - 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, 04:20 PM
Previous filing: Oct 31, 2023
Next filing: Jul 31, 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	+35.68%	$0.00	78.3K	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.

Content

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.